The influence of the country risk rating on the foreign direct investment inflows in Romania
Popa, S.
Abstract:
Assessing country risk through its specific indicators is an important signal conveyed to the external environment by an economy; it contributes to the overall economic development of the territory if the final grade is high or the dynamics of the grading is upwards. Country Risk Agencies have credibility in the market, and capture the impact of relevant macroeconomic variables in an adequate manner, resulting in a distribution of FDI in relation to the recognized competitiveness of economies seeking increasingly profitable investments. Scoring country risk is the most difficult and complex process of all the types of risk assessments, and this paper presents the scoring scales of the three main U.S. rating agencies: Moody‟s, Standard & Poors, and Fitch, and also that of the European Agency Euromoney.
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APA citation
- Popa, S. (2012). The influence of the country risk rating on the foreign direct investment inflows in Romania. International Journal of Economic Sciences, I(2), 93–116.