|
Overview
Based in the vicinity of Syracuse, New York, since its founding, PRS has focused on political risk analysis, offering two unique and independent, publicly available methodology models, Political Risk Services and International Country Risk Guide (ICRG) and many related products and services.
PRS established a mix of print and electronic publishing in the early 1980s (launching electronically on NewsNet) and has continually enhanced its electronic offerings to facilitate global decision-making for international business. PRS’s real transition to electronic publishing began in 1994, when we launched our first website. The year 2007 marks the ninth launch of a website for PRS since 1994, this one merging four previous websites into one.
Why PRS?
Since 1979, PRS has consistently focused on political and country risk analysis, using two separate approaches to monitor countries, Political Risk Services and International Country Risk Guide. Our two methodologies are publicly available on our website. You can choose the one that suits your needs. Each one allows you to customize it to fit your risk models, or use our data in your own research to compare countries in many ways…
- Our reputation is impeccable…
“The PRS (Political Risk Services) Group, a leading organization in investment risk analysis, has ranked China as….”
A Bull in China, Jim Rogers
“Devalued currencies, coups, failed economic plans and other financial and political shocks are difficult to predict and can have disastrous consequences for portfolios invested abroad. But there's good news, at least for equity investors…International Country Risk Guide…provides information that has great predictive value with respect to future equity returns around the world.”
Barron’s, “Risk Measures Prove To Be Excellent
Forecasters Of the Rise and Fall of Markets Abroad”
"…analysis of PRS (then Frost & Sullivan) projections from 1980 indicated high reliability for the PRS model. This now is confirmed...”
Columbia Journal of World Business. “Models of Political Risk
for Foreign Investment and Trade: An Assessment of
Three Approaches.” Llewellyn D. Howell and Brad Chaddick
“The ICRG ratings are preferred in this study because there is a pure political risk component in the composite scores.”
“Area of Research Excellence in Oil & Gas Management,”
John L. Simpson, Curtin Business School,
Curtin University of Technology, Perth, WA, Australia
Academic Researchers frequently use PRS data
Some examples…
Burgess, Steven, and Bothma, Neels, eds. International Marketing, 2007.
Link: Online Information
Erb, Claude B. Erb; Harvey, Campbell R.; and Viskanta, Tadas E. “Political Risk, Economic Risk, and Financial Risk,” Financial Analysts Journal, November/December 1996.
Link: Abstract
Harvey, Campbell R. Website section on “Country Risk Analysis.” Duke University’s Fuqua School of Business.
Link: Harvey: Country Risk Analysis
Hoti, S. "The International Country Risk Guide: An Empirical Evaluation." Department of Economics, University of Western Australia.
Link to the PDF of this Paper
Knack, Stephen F. Democracy, Governance, and Growth. University of Michigan Press, 2002.
Link: Online Information
McMahon, Walter W. Education and Development: Measuring the Social Benefits Oxford University Press, 2002.
Online Excerpt
Perotti, Enrico C.; van Oijen, Pieter; and Tinbergen Institute, Amsterdam. “Privatization, Political Risk and Stock Market Development in Emerging Economies,” 1999.
Link: Center for Economic Policy Research (this link may take a while to load)
Rugman, Alan M. The Oxford Handbook of International Business, Oxford University Press South Africa, 2003.
Link: Online Excerpt
Global agencies use PRS data
Some examples…
"Institutions, Program Implementation, and Macroeconomic Performance," IMF Working Paper, Saleh M. Nsouli, Rouben Atoian, and Alex Mourmouras (http://www.imf.org/external/pubs/ft/wp/2004/wp04184.pdf)
"The Value of Institutions for Financial Markets: Evidence from Emerging Markets," IMF Working Paper, Bernardin Akitoby and Thomas Stratmann (http://www.imf.org/external/pubs/ft/wp/2009/wp0927.pdf)
To find many other references in a wide range of other IMF working papers:
Go to: www.imf.org
Search on: ICRG and “Political Risk Services”
PRS is a FEDLINK Vendor (BOA: PQ LC09G7002)
U.S. Library of Congress – List of Contracting Vendors - PQ is PRS Group, Inc.
|