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The Company States Keep International Economic Organizations And Investor Perceptions Julia Gray

  • SKU: BELL-51275624
The Company States Keep International Economic Organizations And Investor Perceptions Julia Gray
$ 31.00 $ 45.00 (-31%)

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The Company States Keep International Economic Organizations And Investor Perceptions Julia Gray instant download after payment.

Publisher: Cambridge University Press
File Extension: PDF
File size: 2.29 MB
Pages: 250
Author: Julia Gray
ISBN: 9781107420533, 1107420539
Language: English
Year: 2013

Product desciption

The Company States Keep International Economic Organizations And Investor Perceptions Julia Gray by Julia Gray 9781107420533, 1107420539 instant download after payment.

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.

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