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The company states keep: international economic organizations and investor perceptions Gray, Julia

By: Material type: TextTextPublication details: Cambridge Cambridge University Press 2013Description: xiv, 234 pISBN:
  • 9781107566828
Subject(s): DDC classification:
  • 336.3435091724 G7C6
Summary: 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. https://www.goodreads.com/book/show/18119853-the-company-states-keep?from_search=true
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Item type Current library Collection Call number Status Date due Barcode Item holds
Book Book Ahmedabad Non-fiction 336.3435091724 G7C6 (Browse shelf(Opens below)) Available 193876
Total holds: 0

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.

https://www.goodreads.com/book/show/18119853-the-company-states-keep?from_search=true

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