engleski

Country risk assessment of transition economies using multicriteria approach

This study employs the PROMETHEE method, as one of the most popular and widely used multicriteria decision methods, in country risk assessment of the 15 transition countries, from New EU members group and from The Balkans group. Comparative analysis of results is done for 2000 and 2004. Country risk analysis involves the assessment of the performance of countries considering their economic and socio-political characteristics. It is defined from a combination of a set of diversified factors, which can be categorized into two major criteria groups: (1) economic and financial indicators that describe the current economic condition of the countries, their future economic prospects, as well as their business environment and (2) socio-political indicators that describe the social and political stability of the countries. The complexity of country risk assessment process has necessitated the construction of country risk assessment model based on multi-criteria decision methods.

country risk ; transition economies ; political factors ; economic-financial factors ; PROMETHEE

Cjeloviti rad na 9 str. na CD-u.