The Company States Keep: International Economic Organizations and Investor Perceptions
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Book Overview
This book argues that investor risk in emerging markets hinges on the company a country keeps. When a country signs on to an economic agreement with states that are widely known to be stable, it looks less risky. Conversely, when a country joins a group with more unstable members, it looks more risky. Investors use the company a country keeps as a heuristic in evaluating that country's willingness to honor its sovereign debt obligations. This has important implications for the study of international cooperation as well as of sovereign risk and credibility at the domestic level.
Format:Paperback
Language:English
ISBN:1107566827
ISBN13:9781107566828
Release Date:July 2016
Publisher:Cambridge University Press
Length:248 Pages
Weight:0.82 lbs.
Dimensions:0.6" x 6.0" x 9.0"
Related Subjects
Business Business & Investing Economics Political Science Politics & Social SciencesCustomer Reviews
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