Disaggregating China’s investor risk into its constituent parts points to less safety in its sovereign bonds than its credit ratings suggest. Hong Kong is a different proposition with experts choosing to ignore its political problems.
Paraguay’s rising score in Euromoney’s Country Risk Survey reflects a fundamental shift in the political and structural outlook since the new president took office last year.
Euromoney Country Risk’s expert panel identifies corruption as the main political risk factor in most countries in the region, though overall economic risk has fallen since 2011.
US indicators are slowly improving, but Euromoney’s country-risk experts are still not as confident in its creditworthiness compared with the rating agencies. The question is why?
With Ireland’s sovereign yield now comfortably below 2% and risk score continuing to climb, investors have reason to be optimistic over its prospects.
The sovereign’s fortunes are still improving since the sell-off last year sent the rupee spiralling downwards. With India now back on investors’ radar, Euromoney’s Country Risk Survey contributors offer their thoughts on what lies ahead.