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The Company States Keep: International Economic Organizations and Investor Perceptions

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The Company States Keep: International Economic Organizations and Investor Perceptions - Gray, Julia
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This book argues that investor risk in emerging markets hinges on the company a country keeps. When a country signs on to an economic agreement with states that are widely known to be stable, it looks less risky. Conversely, when a country joins a group with more unstable members, it looks more risky. Investors use the company a country keeps as a heuristic in evaluating that country's willingness to honor its sovereign debt obligations. This has important implications for the study of international cooperation as well as ...

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The Company States Keep: International Economic Organizations and Investor Perceptions 2016, Cambridge University Press, Cambridge

ISBN-13: 9781107566828

Trade paperback

The Company States Keep: International Economic Organizations and Investor Perceptions 2013, Cambridge University Press, Cambridge

ISBN-13: 9781107030886

Hardcover