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- Order number: CRAS10027
- Region: Europe
What does the CRAS measure?
When determining the CRAS, the parameters economic performance and institutional conditions are equally weighted. We employ a scoring approach that takes a wide range of quantitative and qualitative indicators into account, condensing these into a single meaningful indicator – the CRAS.
Core indicators include per capita income, trend growth and volatility of gross domestic product in the case of economic performance, while institutional conditions are determined, among others, on the basis of the effectiveness and quality of economic policy, the predictability of the courts and the degree of corruption in a country. To assess these variables, we use historical data and forecasts on the future development of the respective indicators.
The CRAS is updated every year in May and November.
The country risk scale
The CRAS is a continuous risk measure that can assume values between 1 and 10, corresponding to a specific risk situation. The risk scale (see below) allows a quick and intuitive assessment of the risk situation, which is divided into ten categories – from 1 (low risk) to 10 (high risk). The classes "stable risk situation" and "impaired risk situation" feature subcategories where a plus (+) or minus (-) allow further differentiation.
Controlling country risks - what the CRAS cockpit has to offer
1. Presentation of the actual CRAS score and its development over time, as well as benchmarks of the industrialized countries and emerging market/developing countries, global ranking and 10/50/90% percentiles
2. To gain a quick overview of the economy:
- Structural data: Key facts (e.g. form of government, currency) and economic structure (agriculture, industry, services)
- Crucial indicators of economic and social development
3. Who are the most important trading partners?
Overview of the most important export destinations and the most important importers of an economy
Basically, you will receive the CRAS and the relevant parameters described above electronically as a one-pager in the form of a pdf document, which you can access in your download area after the checkout - i.e. payment of the shopping cart.
It is also possible to obtain the information contained in the pdf documents electronically in the form of an xls- or csv-file on request.