Country Risk and Corruption

Giorgio Del Frè

ISBN 10: 3659141143 / ISBN 13: 9783659141140

Published by LAP LAMBERT Academic Publishing Jun 2012, 2012

About this Item

Neuware -This book focuses on how the risk rating of a country may help to assess its corruption level. I¿ve investigated and compared country risk and corruption levels in two dynamic European transitional countries, namely Poland and the Czech Republic. A data analysis shows which country risk indicator better tracks the overall corruption level in the ECA region: the best agency out of five ( Fitch, Moody¿s, S&P¿s, EIU, ICRG) predicting better corruption within its country risk index ,in the period 2002-2005, results to be Fitch. I¿ve found that country risk, as measured by risk ratings, deteriorates as corruption increases.It follows from my estimates that an increase in country risk rating by a full rating category (i.e from BBB to A) has led to a raise of the overall corruption index by 2,574 unit which can be considered quite an high amount as the corruption scores of most central European transitional countries show a slighter difference among them.Books on Demand GmbH, Überseering 33, 22297 Hamburg 100 pp. Englisch.

Seller Inventory # 9783659141140

Bibliographic Details

• Title: Country Risk and Corruption
• Publisher: LAP LAMBERT Academic Publishing Jun 2012
• Publication Date: 2012
• Language: English
• ISBN 10: 3659141143
• ISBN 13: 9783659141140
• Binding: Taschenbuch
• Condition: Neu

About this title

Synopsis

This book focuses on how the risk rating of a country may help to assess its corruption level. I’ve investigated and compared country risk and corruption levels in two dynamic European transitional countries, namely Poland and the Czech Republic. A data analysis shows which country risk indicator better tracks the overall corruption level in the ECA region: the best agency out of five ( Fitch, Moody’s, S&P’s, EIU, ICRG) predicting better corruption within its country risk index ,in the period 2002-2005, results to be Fitch. I’ve found that country risk, as measured by risk ratings, deteriorates as corruption increases.It follows from my estimates that an increase in country risk rating by a full rating category (i.e from BBB to A) has led to a raise of the overall corruption index by 2,574 unit which can be considered quite an high amount as the corruption scores of most central European transitional countries show a slighter difference among them.

About the Author

Giorgio Del Frè has obtained in 2007 the Master Degree in General Management with full marks in Bocconi university, Milan. In the same year he also received the postgraduate master CEMS MIM inInternational Management,permanently featured in the top three in the world of the FT ranking.Actually he's working as a Pricing Analyst.