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The Company States Keep: International Economic Organizations and Investor Perceptions PDF

250 Pages·2013·2.3 MB·English
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by Julia Gray| 2013| 250 pages| 2.3| English

About The Company States Keep: International Economic Organizations and Investor Perceptions

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.

Detailed Information

Author:Julia Gray
Publication Year:2013
ISBN:9781107030886
Pages:250
Language:English
File Size:2.3
Format:PDF
Price:FREE
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