Country risk September 2008: Money talks in a world of risk
It could be the perfect storm – financial, macroeconomic and geopolitical risk are all on the rise. Risk is both where you anticipate it, and where you least expect it.
|But according to analysts taking part in Euromoney’s semi-annual survey of country risk, the places getting safer are those riding the oil boom or at last exploiting the vast potential of their people and their economies.
For a safe haven, the traditional destinations of Luxembourg, Switzerland and the Nordic region remain unbeatable.
Our next survey, to be published in March 2009, will show the impact of a new US president, unrest in the Caucasus, the government bail-out of Fannie Mae and Freddie Mac, and other shocks as yet unknown.