While most banks have somewhat recovered from the past two years, the economy still bears signs of the crisis. More than ever, the economies of certain countries are still struggling.

Various factors such as country risk have slightly evolved over the past as well as risk methods for risk assessment. In the first article, we focus on country risk fundamentals and review several variables of this topic.

Next we move on to another kind of risk: credit risk, by inspecting the details of new rules defined by Basel II, in response to the crisis, aimed to reduce capital procyclicality and improve credit risk evaluation.

As always, these articles are developed in further details on our website.
Have a good read!

The widely-cited case of Argentina has shown us that countries can ‘submerge’ just as easily as they ‘emerge’ and ‘re-emerge’. Today we are starkly reminded of this by countries such as Greece, Iceland, Portugal and to some extent, Spain and Italy, that have seen their sovereign debt ratings deteriorate and investor confidence evaporate in the wake of successive financial, economic and public finance crises.

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