Argentina joins Venezuela and ranks among the riskiest markets in the world – International



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© EFE Argentina joins Venezuela and ranks among the riskiest markets in the world

The ranking prepared by The Economist, placed the trans-Andean country next to Zambia and Angola.

A ranking of emerging markets prepared by The Economist, revealed that Argentina is among the riskiest emerging markets to invest.

The publication produced a list of the 66 riskiest countries given the current economic scenario, where Argentina is located next to countries like Zambia and Angola.

The trans-Andean country is only accompanied from America by Venezuela, a country that is positioned as the most risky.

In the list Argentina was the tenth most risky, only exceeded in risk level by Venezuela, Lebanon, Bahrain, Angola, Sierra Leone, Tunisia, Mongolia and Oman.

After the “Argentine risk” are located Jamaica, El Salvador, Ecuador, Ukraine and Gabon.

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Less risky markets

According to the publication, the least risky countries, meanwhile, are Botswana, Taiwan, South Korea, Peru, and Russia.

Chile is in position 31 of the ranking, being in the middle of the table.

To prepare the table, four variables were considered: total public debt, debt in foreign currency (both in relation to what it estimates will be GDP 2020), the cost of financing and the coverage of reserves.



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