This book provides an up-to-date guide to managing
Country Risk. It tackles its various and interlinked
dimensions including sovereign risk, socio-political
risk, and macroeconomic risk for foreign investors,
creditors, and domestic residents. It shows how they
are accentuated in the global economy together
with new risks such as terrorism, systemic risk,
environmental risk, and the rising trend of global
volatility and contagion. The book also assesses
the limited usefulness of traditional yardsticks of
Country Risk, such as ratings and rankings, which at
best reflect the market consensus without predictive
value and at worst amplify risk aversion and
generate crisis contamination. This book goes further
than comparing a wide range of risk management
methods in that it provides operational and
forward-looking warning signs of Country Risk. The
combination of the authors’ academic and marketbased
backgrounds makes the book a useful tool for
scholars, analysts, and practitioners.
Michel Henry Bouchet is currently Distinguished
Finance Professor at SKEMA Business School as well
as strategy adviser. He has held senior positions at
BNP, the World Bank, and the Institute of International
Finance. He also served as CEO of Owen Stanley
Financial SA and as senior adviser for ING Barings.
Bouchet graduated in Economics from the University of
Paris X and from the Paris Institut d’Etudes Politiques.
He also holds a Master and Ph.D. in International
Relations from University of South Carolina. He
received his HDR from University Paris-Dauphine.
Charles A. Fishkin has held senior positions across
the spectrum of financial services, spanning a career
of 30 plus years. He led the first agency wide risk
management program at the United States Securities
and Exchange Commission, serving as the Director of
the Office of Risk Assessment. He is the author of The
Shape or Risk: A New Look at Risk Management (Palgrave
2006). He is an adjunct faculty in the Masters Program
in Financial Engineering at Bernard M. Baruch College
of The City University of New York. He has a BA in
Economics, with General Honors, from The University
of Chicago.
Amaury Goguel is the scientific Director for the
MSc Financial Management and Investment (FMI)
program at SKEMA Business School in Paris. He
was previously head of SKEMA’s MSc in Corporate
Financial Management (CFM). Goguel holds a Ph.D. in
Economics from Lille University. He also holds master’s
degrees from the College of Europe (Bruges), Paris 1
Sorbonne, and Complutense University of Madrid. He
served as a consultant on global finance, European
affairs, and political parties.
Find more...
