Bibliograph

The Company States Keep, International economic organizations and investor perceptions, Julia Gray, University of Pennsylvania

Type

Label

The Company States Keep, International economic organizations and investor perceptions, Julia Gray, University of Pennsylvania

Language

eng

Index

index present

Literary Form

non fiction

Main title

The Company States Keep

Medium

electronic resource

Nature of contents

dictionaries

Oclc number

862126128

Responsibility statement

Julia Gray, University of Pennsylvania

Series statement

Cambridge Social Sciences eBooks

Sub title

International economic organizations and investor perceptions

Summary

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.--, Provided by publisher

Creator