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International Bank Lending and Country Risk

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£82.19 £60.38 £65.14 £69.90 £74.65 £79.41 £84.17 08 April 2026 29 April 2026 20 May 2026 10 June 2026 01 July 2026

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Description

This book focuses on borrower default. A probit model is used to estimate the probability of default/rescheduling. In most studies of country risk, political factors are omitted due to data inadequacies and difficulties involved in quantifying a number of qualitative variables. The probit model used in this book incorporates political variables, such as the level of democracy and political instability, in assessing country risk. The model also includes all the relevant economic variables. The empirical results suggest that the level of democracy and political instability are important determinants of country risk.

Key Features

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Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 January 1995
Listed Since
07 October 2005

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