Country Risk as a Characteristic of Investment Attractiveness

DOI: 10.33917/es-3.195.2024.80-85

Among premiums for various types of risks, determining the value of the capitalization/reduction rate in the formulas of the income approach to evaluation and efficiency of investment projects, the premium for country risk occupies a significant place.

At the same time, taken independently, it can be considered as an indicator characterizing the investment attractiveness of the country. The article describes many years of experience in calculating the country risk premium for the Republic of Belarus, the Russian Federation, Ukraine and other countries. The influence of the Russian Special Military Operation in Ukraine on the value of this indicator is demonstrated. The article is intended for financial advisors, appraisers, teachers, students and scientists in the field of finance and valuation, as well as for specialists in related fields of economics.

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What Staff is Required for Eurasian Integration?

#1. Beyond Design Basis Evaluations

In three years we have created the basis of the Common Economic Space, which will undoubtedly contribute to the competitiveness of our economy, will stimulate economic growth and expand our opportunities.

State Security under Threat!

#3. Expectation of Light

The President speaks about modernization, but only trifling sum was allocated for those five key areas of modernization, which he outlined in his Address. Funding is neither provided for development of the real sector of economy. You can formulate brilliant ides, you can make world-class discoveries, but there will be nowhere to implement them. We have no machinery construction, no aviation industry, the automotive industry does not develop, robotics is neglected and very little is invested in space.