International Bank Lending & Country Risk
Book Details
Format
Hardback or Cased Book
ISBN-10
1560721715
ISBN-13
9781560721710
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jan 1st, 1995
Print length
167 Pages
Weight
440 grams
Dimensions
24.40 x 16.20 x 1.50 cms
Product Classification:
International financeBanking
Ksh 19,250.00
Not available
Delivery Location
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Secure
Quality
Fast
This book focuses on borrower default. A probit model is used to estimate the probability of default/rescheduling. In most studies of country risk, political factors are omitted due to data inadequacies and difficulties involved in quantifying a number of qualitative variables. The probit model used in this book incorporates political variables, such as the level of democracy and political instability, in assessing country risk. The model also includes all the relevant economic variables. The empirical results suggest that the level of democracy and political instability are important determinants of country risk.
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