Investing, lending, trading currencies or commodities, importing and exporting goods and services, all these transactions are risky!

Risk stems from a situation of uncertainty regarding current or future situations, where information about the situation’s outcome is insufficient, lacking or simply wrong. Uncertainty itself derives from a deficit of information, hence randomness of results. Information availability is in itself a crucial measure of Country Risk.  How can one trust a country where balance of payments and debt data are, at best,  obsolete or  even missing?!

The course aims at assessing the challenges of country risk assessment within the turbulent environment of Globalization. The global market economy has become an echo chamber of volatility, hence adding the risk of spillover! 

Throughout this MOOC, we shall tackle not only financial and economic risks, but also social and institutional upheaval, country rating and ranking, competitiveness, as well as geopolitical turmoil and sustainable development prospects.