How should global investors assess country sovereign bond and equity risks? In his July 2025 paper entitled "Country Risk: Determinants, Measures and Implications - The 2025 Edition", Aswath Damodaran examines country risk from multiple perspectives. To estimate a country risk premium, he considers direct and indirect measures of country government bond risk and country equity risk. Based on a variety of sources and methods, he concludes that:
Subscribe to Keep Reading
Get the research edge serious investors rely on.
- 1,200+ research articles
- Monthly strategy signals
- 20+ years of backtested analysis
$17.99
/month
Cancel anytime