Political Risk, Economic Risk and Financial Risk

Table 2: Institutional Investor's Country Credit Rating Factors

			OECD
Importance of Factor:		1979	1994
Economic Outlook		1	1
Debt Service		5	2
Financial Reserves/Current Account		2	3
Fiscal Policy		9	4
Political Outlook		3	5
Access to Capital Markets		6	6
Trade Balance		4	7
Inflow of Portfolio Investments		7	8
Foreign Direct Investments		8	9

Last Updated: May 30, 1996

Analyst/Contact: Campbell R. Harvey