Faculty : Humanities

Program : International Relations

Unit : Country Risk in International Relations and Business

Code : IRS05301

Credits : 3 credits

Semester :5

Prerequisite : Introduction to International Relations

Lecturer :

Akbar Meirio, S.Sos, M.Phil. ,

Dr. phil. Reza Alexander Watimena,

Riski Baskoro, S.Sos., MA.

Content

The course will critically examine the states, regardless of their level of development and reputation, from country
risks perspective. The results may vary from year to year, from one positive point to the other positive point or
from one positive point to a negative point. Students will be encouraged to assess country risk within one specific
time span (short, medium, long) through observing several factors influencing the risk. At the end, students are
expected to master a structure of logical thinking to carry out the country risk assessment as well as to have a
sense of awareness on the need to help establish a stable country, which is not only raising the quality of its own
people, but also internationally acceptable by the world community.

Objectives

Upon completion of this course, students are expected to be able to:

1. Comprehend the conceptual framework to analyze country risk in international relations and business.
2. Develop a class-grown conceptual framework, tools and methodology for country risk assessment.
3. Apply the conceptual framework and methodology to assess country risks in several regions in the
world.

Learning Activities/Classroom Policy

Students are required to be in class and to actively participate in class instructions. Students will complete a mid-
term exam, final exam, group presentation.

1
Assessments

Assignments Week due Percentage

Attendance Week# 1-16 10%
Student Activity Week# 1-16 10%
Mid-term Exam Week # 8 25%
Group presentation Week # 10-15 20%
Final Exam Week # 16 25%
9 Values Week # 1-16 10%
Total 100%

Grading Policy

A - 85-100
B - 70-84
C - 60-69
D - 55-59
E - <55

References

As enlisted in below.

Course Schedule

Assignments and
Topics/ Source
Week Objectives Assessments
Brief Content
Introduction Give clear Discussion
perspective to the - Michel Henry Bouchet,
1 Ephraim Clark and Bertrand
students about the
Groslambert, Country Risk
course
Assessment: A Guide to
IR Paradigms: Realism, Give clear Discussion Global Investment Strategy,
(Sussex: John Wiley & Sons
Liberalism and understanding Ltd, 2003)
2 Constructivism about IR paradigm
and its relation with - The Handbook of Country
country risk. Risk 2007–2008: A Guide to
International Business and
Understanding the Concept Give clear Discussion Trade, (Coface and GMB
of Country Risk understanding Publishing Limited, 2007)
about country risk,
3 -Ronald L. Solberg (ed.),
sources of risk, and
Country Risk Analysis: A
the importance of Handbook, (London:
level of analysis Routledge, 1992)
Political Risk, Security Give clear Discussion - Thomas E Krayenbueh,
4 Risk, Social Risk understanding on Cross-border exposures
political risk, and country risk:
security risk, and Assessment and monitoring

2
 social risk. (Cambridge: Woodhead
Publishing Ltd., 2001)
Government Give clear Discussion
Policy/Regulatory Risk. understanding on
government
5
policy/regulatory
risk and
reputational risk.

Economic Risk, Natural Give clear Discussion

Risk understanding
6
about economic
risk and natural risk

ASEAN Model analysis Give clear Discussion

(qualitative approach) understanding
7 about the situation
in South East Asia

8 MID TERM MID TERM MID TERM

9 Movie Review

10 Case in Arab Peninsula Discuss the cases Group

of country risk in Discussion/
Arab Peninsula Presentation 1

11 Case in East Asia Discuss the cases Group

of country risk in Discussion/
East Asia Presentation 2

Case in Oceania Discuss the cases Group

of country risk in Discussion/
12 MSG. Presentation 3

Case in Africa Discuss the cases Group

of country risk in Discussion/
13
Africa Presentation 4

Case in Europe Discuss the cases Group

14 of country risk in Discussion/
Europe Presentation 5

Case in Latin America Discuss the cases Group

15 of country risk in Discussion/
Latin America. Presentation 6

16 FINAL EXAM FINAL EXAM FINAL EXAM

3
MID TERM

1) Do we have a mutually agreed international criteria/standard to positively determine that a

country is at risk? Explain and Give example(s)
2) In order to prevent risk from happening, what policies and strategies have been developed
by countries to maintain their national and international credibility? Explain clearly and give
example(s).

FINAL TERM

3) What political, economic and strategic criteria have been applied to determine risk? Explain
clearly and give example(s)
4) What policies and strategies have been applied by state(s) to destabilize others through
operating risks variables? Explain clearly and give example(s)