Country Risk Analysis and Management

Catalog description

This course provides an introduction to country risk – the risk that firms incur in cross-border investment or lending. Country risk is analyzed and managed by multinational corporations, banks, and governments in order to assess and mitigate potential financial loss due to country events. Such events include coups, social unrest, war, and economic shocks including adverse market developments and economic policy changes. The goal of this course is to provide students with the tools necessary to assess country risk and prepare them for jobs that require country risk analysis and management. The class involves lectures and "case study" seminars. Key “clinical” skills will be developed: macroeconomic and balance of payments analysis; domestic and international political risk assessment; analyzing government finances and banking sector risk; knowledge of the extensive resources available on country risk; knowledge of the regulatory environment; and, “case study” skills.