Country Risk Premium as an Indicator of Investment Attractiveness (Case of Republic of Belarus)

 
PIIS020736760025391-9-1
DOI10.31857/S020736760025391-9
Publication type Article
Status Published
Authors
 
Occupation: Assoc. Professor
Affiliation: Belarusian State Economic University
Address: P.O. box 11, 220029, Minsk, Belarus
Journal nameObshchestvo i ekonomika
EditionIssue 8
Pages112-116
Abstract

The country risk premium is one of the indicators of the financial and economic condition of a country, and is usually produced by specialized independent organizations, such as, for example, Bloomberg and others. Its value is important for characterizing the public debt, the investment attractiveness of the country for foreign investors (including those from neighboring countries), and for assessing the value of assets, primarily enterprises. The article describes the experience of calculating the country risk premium for the Republic of Belarus, which has been carried out by the author since 2004. An analysis of the dynamics of the country risk premium in recent years shows that the economy of Belarus is successfully overcoming the impact of the sanctions. The article is intended for financial consultants, appraisers, teachers, students and scientists in the fields of finance and valuation, as well as for specialists in related fields of economics.

Keywordscountry risk premium, investment attractiveness, Belarus, valuation, capitalization rate
AcknowledgmentRepublic of Belarus
Received28.09.2023
Publication date29.09.2023
Number of characters6684
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