Assessment of risk of APEC countries based on the country risk classification method and selected indices of internal stability
Assessment of risk of APEC countries based on the country risk classification method and selected indices of internal stability

Summary/Abstract: The present paper attempts to assess the risk of APEC countries based on methodology of country risk assessment developed by OECD and the level of external stability of the Asia-Pacific region. Countries of the APEC group are safe according to CRCM method, but an analysis of selected indexes of a country’s external security indicates otherwise. The risk of crisis and its potential spread over the Asia-pacific countries is high. This applies especially to such countries as: Chile, Indonesia, Mexico, Papua New Guinea, and Peru. At present, the most endangered countries are the ones with lowest gross domestic product per capita. Thus, control over these countries should be established within the group in order to prevent a potential crisis, which may occur in these countries due to the disadvantageous SROB and increasing external debt, from spreading onto other APEC member states and from posing a threat to integration processes of ASEAN countries.

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