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Top Country Movements
Serbia
Croatia
Low Risk Moderate-Low Risk Moderate Risk Moderate-High Risk High Risk Very High Risk Country Risk Map Quarter 1 2017
The Atradius Risk Map gives an overview of the level of risk associated with countries worldwide. This map has been created by our Economic Research team and drawn from a range of sources. This map is provided for information purposes only and is not intended as a recommendation as to particular transactions, investments or strategies in any way to any reader. For our full disclaimer and further information on our Risk Map, please visit: https://group.atradius.com/publications/trading-briefs/risk-map.html.
Serbia
The economic recovery in Serbia is gaining steam, underpinned by rebalancing and fiscal consolidation. Its high vulnerability to external shocks is mitigated by IMF support. Ongoing commitment to EU accession and engagement with the IMF limit the risk of a reversal in reform progress.
Morocco
Morocco enjoys solid institutions, political stability and strong international relations. The country is overly dependent on agriculture but the economy is relatively dynamic and growth is picking up in 2017-18. Effective fiscal consolidation and an improving external position help to reduce country risk.
Mongolia
Mongolia has very high macroeconomic structure risk and has extremely weak external finances, though an IMF bailout should help restore stability. Headwinds persist due to China’s economic slowdown, still subdued commodity prices, and a strong US dollar. The government will still struggle to contain the fiscal deficit.
Movement Focus
Morocco