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حسابداری و مالی::
سیاست اقتصادی
Country risk analysis began to focus more on economic policies, especially the mismatch between domestic fiscal policy and - at that time mostly pegged - currency regimes.
fundamentals and economic policy, and a mismatch with major trade partners.
Furthermore, the behaviour of central banks after the 2008 crisis has raised new questions about economic policy, including possible inflationary risks from quantitative easing (an unconventional monetary policy where central banks buy financial assets from commercial banks to boost the price of the assets and increase the monetary base to stimulate the economy).
The discussion about the tapering of the Fed's bond-purchase programme and the resulting volatility of capital flows as well as the spillover of the economic policies of globally important conomies to the rest of the world has now become mainstream and a central element of the country risk debate (see case study 4.3).
Correction of these imbalances is also the first target of economic policies for coming out of the crisis.
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