l Risk Map
GLOBAL RANKINGS |DI SPATCH E S
ARC TIC OCEAN Laptev Sea K ara Sea
East Siberian Sea
Barents Sea Sea
SWEDEN
NORWAY
Nor th Sea
RUSSIA
FINLAND
Helsinki
Oslo
Stockholm
St Petersburg
Tallinn
ESTONIA Riga
DENMARK Copenhagen
Kaliningrad (Russia)
M NETHERLANDS
n
Vilnius
Minsk
BELARUS
Kiev
UKRAINE
Prague CZECH REP SLOVAKIA AUSTRIA LIECHTENSTEIN Bern HUNGARY SWITZERLAND SLOVENIA
LUXEMBOURG
RANCE
VATICAN
ARMENIA BOSNIA
M
TUNISIA
Ashkhabad
Beirut Damascus
PALESTINE
n
ISRAEL Tel Aviv
Cairo
Baghdad
Amman
IR AN
Seoul
AFGHANISTAN
KUWAIT
Islamabad
PAKISTAN
e Gu
lf Abu Dhabi
UAE
INDIA
Red
Se a
Gul
Sana
Mumbai
Ad of
f
Hanoi
HONG KONG MACAU
Vientiane
GUAM
LAOS
THAILAND Bangkok
Bay of Bengal
DJIBOUTI
PACIFIC OCEAN
TAIWAN
Rangoon
N'Djamena BENIN
Dhaka Kolkata BURMA (MYANMAR)
Arabian Sea
SUDAN
Taipei
BANGLADESH
Karachi Muscat
OMAN
YEMEN
East China Sea
BHUTAN
Thimphu
Mecca
Khartoum
Niamey
Katmandu
Delhi
QATAR
SAUDI ARABIA
Jeddah
Shanghai
NEPAL
Th
BAHRAIN
Riyadh
CHAD
Osaka
Wuhan
JORDAN
ERITREA
JAPAN
Tokyo
CHINA
Kabul
IR AQ
EGYPT
NIGER
Pyongyang
SOUTH KOREA
Tehran
LIBYA
ME & PRINCIPE
Beijing
TAJIKISTAN
SYRIA
CYPRUS
LEBANON
ALGERIA
Lomé
NOR TH KOREA
Dushanbe
TURKEY
MALTA
ite Se rran a ea
Tripoli
A
Vladivostock
Alma Ata
KYRGYZSTAN
Tashkent
TURKMENISTAN
Baku
Ankara
Athens ALBANIA
ed
Bishkek
UZBEKISTAN
AZERBAIJAN
F.Y.R. MACEDONIA GREECE
SERBIA
Tunis
GEORGIA
Rome
MONTENEGRO
Algiers
Black Sea
BULGARIA
Sea
ORRA
Bucharest
Sarajevo
CROATIA
SAN MARINO
Ulan Bator
MONGOLIA ian
MONACO
Belgrade
MOLDOVA
Casp
ITALY
K A Z A K H S TA N ROMANIA
en
Paris
Sea of Ok hotsk
Novosibirsk
Warsaw
GERMANY
BELGIUM
Moscow
LITHUANIA
POLAND
Berlin
Bering Sea
LATVIA
South China Sea
CAMBODIA
Phnom Penh
VIETNAM
Manila
PHILIPPINES
MICRONESIA
SOMALIA
Addis Ababa
NIGERIA SOUTH SUDAN
CENTRAL AFRICAN REPUBLIC
CAMEROON
ETHIOPIA
MALDIVES Colombo
SRI LANKA
KIRIBATI PALAU
BRUNEI
Yaoundé
INDIAN OCEAN
Bangui UGANDA
Mogadishu
DEMOCRATIC REPUBLIC Kampala OF CONGO
Libreville
GABON
SOUTH SUDAN
SINGAPORE
SEYCHELLES
Dar-es-Salaam
TANZANIA
BURUNDI
Jakarta
TIMOR LESTE
COMOROS
ANGOLA ZAMBIA
SOLOMON ISLANDS Dili
MALAWI
Luanda
PAPUA NEW GUINEA
INDONESIA
RWANDA
Kinshasa
Cabinda (Angola)
NAURU
Kuala Lumpur
KENYA
Nairobi
Kigali Bujumbura
Brazzaville
MALAYSIA
Timor Sea
Lilongwe
Port Moresby
Honiara
TUVALU Darwin
F
Lusaka Harare
ZIMBABWE
KEY MOZAMBIQUE
Antananarivo
MADAGASCAR
BOTSWANA
Windhoek
NAMIBIA
gns risk transfer
wing you to make
Country risk level
Gaborone Pretoria
Maputo
SO U TH A F RIC A
SWAZILAND
Medium-low risk
LESOTHO
MAURITIUS
Symbols illustrating significant risks Reunion Islands (Fr) EXCHANGE TRANSFER:
Low risk
Johannesburg
2013 New Icons
SOVEREIGN NON-PAYMENT: POLITICAL INTERFERENCE:
Medium risk SUPPLY CHAIN DISRUPTION:
Cape Town
Medium-high risk
LEGAL & REGULATORY RISK:
High risk Very high risk Non Rated Line of Control
POLITICAL VIOLENCE: RISK OF DOING BUSINESS: BANKING SECTOR VULNERABILITY: INABILITY OF GOVERNMENT TO PROVIDE STIMULUS:
Risks to Doing Business: The regulatory obstacles to setting up and operating business in the country, such as excessive procedures, the time and cost of registering a new business, dealing with building permits, trading across borders and getting bank credit with sound A U SArgentina, T R A L I A Bolivia, Dominica, business plans. This risk is found in 96 countries, including Brisbane Nigeria and Russia. Banking Sector Vulnerability: The risk of a country’s domestic banking sector going into crisis Perth or not being able to support economic growth with adequate credit. This risk comprises Sydney linkages measures of the capitalization and strength of the banking sector, and macro-financial Canberra such as total indebtedness, trade performance and labor market rigidity. Adelaide This risk is found in 106 countries and territories, including China, India, El Salvador and Thailand. Melbourne
VANUATU
New Caledonia (Fr)
Tasman Sea Auckland
Risks to Fiscal Stimulus: The risk of the government not being able to stimulate the economy due to lack of fiscal credibility, declining reserves, high debt burden or government inefficiency. This risk is found in 94 countries and territories, including Albania, Morocco, Liberia, Tanzania and Uganda.
NEW ZEALAND
W
Christchu
These icons are not used in determining the overall rating of the country, however it gives insight into key factors of interest for visitors and investors.
SOUTHERN OCEAN
diplomat and international canada
53
About Roubini Global Economics Roubini Global Economics is a leading macroeconomic research and country risk firm best known for its accuracy in predicting vulnerabilities and crisis. Roubini Country Risk combines expert research and risk assessment tools, enabling you to better understand and quantitatively measure countries’ macroeconomic, political, business and social risks.