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Oil Price Hardly Matters for Russian Country Risk
The oil price decline has created headwinds for the Russian economy. However, the risk of doing business in Russia as determined not only by economic but also by political and structural factors has not changed substantially and there is therefore no evidence that the oil price decline had a significant impact on Russian country risk.
Oil Price Hardly Matters for Russian Country Risk / Picture: © Vindobona.org
This is the conclusion reached by Atradius' study "Oil price hardly
matters for Russian country risk", recently published by Atradius.
The recently published study examines the correlation between the oil
price and Russia's score on Euromoney Country Risk (ECR). Country
risk grasps the probability that changes in the business environment
of a country…
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