Το work with title A multicriteria decision aid methodology for the assessment of country risk by Zopounidis Konstantinos, Doumpos, Michael is licensed under Creative Commons Attribution 4.0 International
Bibliographic Citation
C. Zopounidis, M. Doumpos .(1997). A multicriteria decision aid methodology for the assessment of country risk, European Research on Management and Business Economics [online]. pp. 13-33.Available:http://www.aedem-virtual.com/articulos/iedee/v03/033013.pdf
Country risk assessment is a decision problem which has gained an increasing interest both from the macroeconornic and the rnicroeconomic point of view, mainly during the last two decades. Banks and international lending institutions are interested in developing effective country risk models to determine the creditworthiness of countries. This paper presents the application of a multicriteria decision aid (MCDA) methodology based on the preference disaggregation analysis in country risk assessment. The application involves 66 countries derived from the World Bank tables. The objective is to develop a sorting as well as a ranking country risk model, according to a predefined four-group classification, provided by World Bank and the country risk rating of Euromoney.