Human Security as a Proxy for Country Risk in the Credit Ratings of Frontier Market Sovereign Bonds
Mount Royal University - Bissett School of Business
February 15, 2012
This paper will employ the concept of human security as a proxy for measuring the country risk component of frontier market bond credit spreads. A secondary goal is to propose several specific markers of human security and assess how they might perform together as measures of risk.
Number of Pages in PDF File: 22
Keywords: Credit default swaps, sovereign debt, credit ratings, ratings agencies, country risk, human security
JEL Classification: O16, F34, G12, G15
Date posted: March 6, 2012