Αξιολόγηση της χρηματοπιστωτικής αξιοπιστίας χωρών με πολυκριτήριες τεχνικές
Φωτεινόπουλος, Κωνσταντίνος Α.
An important issue for all players in the global economy is the sovereign credit risk management. The full globalization of economies, market liberalization and the need to exploit new investment opportunities in the past two decades has increased the complexity of this problem. It is therefore necessary to identify the determinants affecting the financial credibility of countries and the development of models that are able to provide the level of reliability. In order to tackle this problem, aim of this paper is to develop a comprehensive framework for quantitative analysis able to diagnose and predict the creditworthiness of countries from different geographical regions worldwide. To address this complex problem making multicriteria method is used, which fits the preference disaggregation approach, UTASTAR to rank the countries from best to worst based on their performance resulting from the additive value functions which combine the criteria assessment.