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Item Details
Title: THE COMPANY STATES KEEP
INTERNATIONAL ECONOMIC ORGANIZATIONS AND INVESTOR PERCEPTIONS
By: Professor Julia Gray
Format: Paperback

List price: £30.99
Our price: £27.89
Discount:
10% off
You save: £3.10
ISBN 10: 1107566827
ISBN 13: 9781107566828
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 28 July, 2016
Pages: 250
Description: This book argues that investor risk in emerging markets hinges on the company a country keeps.
Synopsis: 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.
Illustrations: 7 b/w illus. 29 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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