- Country Risk Mooc Presentation 2020-25
- How is the Country Risk MOOC organized?
- Warming up -Test your country risk knowledge in 14 questions
- Reading exercice: Beck, O'Sullivan and El Erian's approach to risk?
- For Skema's Sophia & Paris campus: Organization and rules of the game!
- Additional readings: Mandelbrot + Taleb + El Erian (formerly at Pimco)
- Country risk and the Pandemic Crisis
- Introduction to Section 2
- Where does risk come from?
- Check your understanding of the historical emergence of risk taking
- Economic approaches to risk in the age of globalization
- Stiglitz' and Krugman's approach to mounting global risks
- Recommended Readings:
- Additional readings for the bravest!
- Introduction to Section 3
- What is Country Risk exposure and its main components?
- The key components of Country Risk in the globalization and its main categories
- Global risk and wealth gap
- Country risk and wealth gaps
- Recommended Readings:
- Additional readings for the bravest!
- Introduction to section 4
- Country Risk and Economic Intelligence
- The main sources of information regarding Country Risk assessment
- Suggested readings
- Introduction to section 5: The crucial importance of the balance of payments
- Balance of payments and country risk: the “J” Curve
- Understanding the balance of payments in country risk assessment
- Exercise: Tunisia 2018-19: "Where will the money come from?
- Current account deficit adjustment
- Recommended Readings:
- Introduction to section 6
- Capital account and External financing
- Understanding the role of the Capital Account in Country Risk!
- Balance of payments and sovereign debt crisis?
- Check your understanding of liquidity and solvency ratios
- Suggested Readings:
- Additional Readings for the bravest!
- Introduction to section 7
- Introduction to Sovereign Debt Restructuring
- The Paris and London Clubs of External Creditors
- Understanding the complexity of external debt negotiations
- Introduction to section 8
- What about political risk?
- What are the root causes of political turmoil and social violence?
- Exercise: Political risk (Source: FT Business)
- Where does political turmoil come from?
- Governance matters!
- Suggested Readings
- Introduction to section 9
- Sovereign credit ratings (cont')
- Risk ratings, country rankings, and crisis prediction
- Suggested Readings:
- Assignment: Build your own index of risk indices!
- Introduction to section 10
- Country risk mitigation options
- Country risk mitigation strategies
- Additional Readings:
- Introduction to section 11
- Solvencia Case Study 2020: Casino Bank and Country Risk Assessment
- Introduction to section 12: Let's look at a wide range of market indicators
- Capital Flight and Country Risk
- Check your understanding of the links between corruption, governance and country
- Suggested Readings:
- Wrap up time !
- Final conclusion