Netherlands, Maastricht

Country Risk Analysis: Growth Potential, Economic Policy and External Finances of Emerging Markets

when 16 July 2018 - 20 July 2018
language English
duration 1 week
credits 2 EC
fee EUR 600

The Asian Crisis in 1997-1998, Argentina’s default in 2001 and the recent economic downturns in Brazil, Russia and South Africa underline the relevance of country risk analysis for companies, policymakers and NGOs. This course teaches you the skills to study country risks in Emerging Markets from an economic perspective. What kind of research framework do banks use to assess country risk, and which concepts are pivotal in this regard? What are important economic risk drivers, and what are their critical values? And how can these economic risk drivers affect country risk? To answer these questions, you do an assignment in which you collect open source data required for a thorough economic risk analysis of a particular country. In the next assignment, you write the economic risk section of a country risk report about this country. To prepare for this section, you learn how to use a tool to visualize the direct and indirect effects of a change in economic risk drivers. In the final assignment, you compare the economic risks in your country with those in countries of your team mates. You present all your findings in class. Interactive lectures and roundtable discussions help you prepare for your assignments.

Course Leader is dr. Leonhardt van Efferink (PhD defence in December 2017). He worked as country risk analyst for 12 years, before doing a PhD that straddles the boundary between geopolitics and media studies. Students of his 2017 Summer Schools gave him an average of 9.5/10 for his teaching skills. Former Summer School student Roman from Switzerland recommends Leonhardt because “through his ability to interact with all the people with all their different backgrounds, he managed to meet the needs of each participant in a very unique way. The course turned out to be a highly interactive class combined with the professional inputs from Mr. van Efferink. His enthusiasm and knowledge in the area of Country Risk was contagious and opened completely different perspectives to all of us. Personally, I learned a lot about country risk and the different drivers during the course.”

Related Summer School courses from Leonhardt: ▪ Political Risk Analysis: Domestic Factors, International Relations and Economic Impact Assessment; ▪ Geopolitical Scenario Planning: National Security, Geo-Economics and Foreign Policy Strategy; ▪ Geopolitical Framing Analysis: National Images, World Views and Global Dividing Lines.

Course leader

L.A.S. van Efferink

Course aim

▪ Designing an analytical framework to study the country risks in Emerging Markets;
▪ Comparing the macro-economic risks and the underlying drivers of different countries;
▪ Assessing the impact of changes in other economies and the world economy on one particular country;
▪ Finding, selecting and interpreting open-source data;
▪ Developing your critical thinking skills by productively combining knowledge, assumptions and questions;
▪ Boosting your employability by acquiring valuable skills required for positions in business, government and academia.

Fee info

EUR 600: Tuition fee


Not available