23 Feb Describe the type of currency regime (pegged, floating), recent pattern of exchange rate changes (a chart of the last year from an internet source would be helpful) Are there resources to he
finance exercise and need support to help me learn.
Requirements: 1500 words
COUNTRY RISK REPORT ASSIGNMENT (refer to Canvas for DUE Date)
Objective: Your goal for this assignment is to conduct a country risk report. This is a research-based qualitative assignment. This assignment will require you to combine knowledge from chapters 2, 3, 4, and 16 in addition to any additional research/information you find on a country you select.
Task: Refer to the World Bank ranking of economies by income in 2018 and select a Middle or Low income economy for this task. Make sure to respond to the discussion on that for your selection. It will be on a first come first served. You will be required to conduct and prepare a risk analysis on your selected country. You will submit this report in a Word document for a grade. Your analyses should at minimum cover/address these criteria:
Political Risk
Country governance
Foreign Direct Investment
Economic indicators [historical(if relevant), latest, Trend]
Economic/Monetary Unions (if any)
Upon conducting your analyses/assessment, conclude whether as a foreign business (you in this case), will want to enter the country to do any business. Justification of why/why not should be from your analyses.
Grading Rubric:
Intellectual Quality of Content & Analyses (60%)
This will include the depth and the quality of your analyses. Grade will focus on information you provide with relevance/implications towards risk assessment.
It will not be enough to just present numbers/statistics. These numbers must mean something and must connect coherently throughout the analyses. What are you trying to illustrate? How do they help you get to any conclusion?
If Jane Doe has to ask why or what (with respect to any presented information), you have not done your job.
Coherence & Presentation of ideas (40%)
This includes structure, clarity, grammar, and spelling.
Ensure your submission follows the standard rules of writing.
Point 2 under 1st grading criteria (Intellectual Quality of Content & Analyses) applies.
Citation: You work will be run through TurnItIn for plagiarism checks, so it is important to cite correctly to avoid plagiarism. Follow the APA format. Avoid lifting long passages even when in quotations. Use quotations when you borrow from a text. Paraphrase even when you cite to avoid plagiarism. Remember it should be your original work and must be reflective accordingly.
The grading rubric will accommodate the difficulty of analyzing (and finding information on) a country.
Requirements/Submission:
Submit the completed assignment on Canvas.
It will be submitted through TurnitIn.
Your assignment should be not exceed 25 pages double-spaced. This excludes reference page(s) or tables.
Use font size 12 for Times New Roman or font size 11 for Calibri.
Have a separate Reference page.
Put any relevant tables at the end of the paper after references in an Appendix.
Resources/Guidelines
Here are some General Guidelines:
You can mention opinion of experts, but make sure you cite.
Look for current affairs/news from sources such as Wall Street Journal, Financial Times, or The Economist relevant to your country (could be the country itself or geographical neighbors) and discuss what the current climate is for multinational investment.
Demographic information is important: for example, religious backgrounds, general education level, average age, population, social benefits.
For Macroeconomic variables, make sure you have recent and projected numbers. These may include but not limited to: type of economy (capitalistic, socialistic), short and long term interest rates, last three years inflation rates, GDP, unemployment rates, Balance of Payments components, etc.
Describe the type of currency regime (pegged, floating), recent pattern of exchange rate changes (a chart of the last year from an internet source would be helpful)
Are there resources to hedge transaction exposure, i.e. whether there are futures, forwards, or options available on the currency?
Discuss the importance of foreign capital flows for the country.
Sovereign debt (and its rating, past and present) is usually important.
Government facts are valuable: form of government, party in power, chief rivals, economic philosophy, and current issues. In addition, philosophy of political parties and chief rivals are valuable.
Here are some resources/links to some of the analyses criteria:
Websites of the countrys Central bank.
Websites of Economic/Monetary Unions:
E.g EU:
The World Factbook – CIA
OECD
International Monetary Fund (IMF)
World Bank
Corporate governance in European countries:
Global Corporate Governance Forum:
FDI Data:
World investment Report (WIR):
Corruption Perception Index:
Some Country Profiles:
Prof Harveys Website:
He is a top scholar in country risk analysis and has some analysis for certain countries up to 2004. It can provide guidance of elements to include in your report.
Other Resources that can be obtained through the library such as: Country Commerce, Country Watch List, Business Source Premier, plus the several World Bank-related sites available through the library.
