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Country Risk Articles


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Afghanistan

Since the fall of the Taliban in 2001, Afghanistan’s economy has significantly improved. There remain, however, many challenges to doing business in this South Asian country.

Algeria

Many U.S. firms consider Algeria to be an emerging and growing market. Its hydrocarbon wealth, expanding infrastructure needs, and growing consumer product demand are also starting to attract interest from companies around the world.

Argentina

When you're doing business in any country, it's important to know what to expect – and what's expected of you. Here are some basics that will help you get off to a good start if you're planning on doing business in Argentina.

Australia

Australia is one of the Asia-Pacific's richest countries. As an internationally competitive producer of services, technologies, and high-value-added manufactured goods, this country-continent is now in its 18th year of uninterrupted economic expansion.

Bangladesh

Formerly East Pakistan, Bangladesh only came into being as a separate country in 1971 when the two parts of Pakistan split after a bitter civil war. How has this small but densely populated Asian country fared since?

Belgium

They may not be natural resources, but beer and chocolate could easily be called national treasures in Belgium. Read on the find out what else this western European country has to offer.

Republic of Botswana

Since attaining independence from Britain in 1966, Botswana’s economic progress has been one of the greatest success stories of the African continent.

Brazil

The economy of Brazil, is the largest in Latin America, and is home to the largest insurance market in the region. Brazil recently hosted the FIFA World Cup, which boosted the economy. Learn more about the county and it's current economic climate in this risk profile.

Cambodia

Politically stable since 1997, this Southeast Asian country has been slowly and steadily emerging from a brutal, war-torn past.

Canada

Strong economic fundamentals, prudent fiscal management and a good business environment continue to be hallmarks of this second largest country in the world – Canada.

Chile

Chile boasts the best performing economy in Latin America and is considered a model of economic stability. Find out more about this "Shoestring Country" that runs along the western coast of southern South America.

China

While China offers much opportunity for trade and investment, its business culture, language and legal system make it especially challenging, especially for the uninitiated. Nevertheless, many foreign companies have had the wisdom and patience to enter this vast market and succeed.

Colombia

Colombia is the only country that has never requested a renegotiation of its debt. This reputation as an exemplary debtor, plus a substantial market size and variety of natural resources has allowed Colombia to make progress as an emerging economy since 2011

Costa Rica

A Central American standout, Costa Rica’s political stability, strong democratic institutions, and low violent crime rates have helped it to distinguish itself from its neighbors.

Cuba

A In December 2014, U.S. President, Barack Obama, used negotiations over imprisoned Americans to refashion the U.S. - Cuba relationship. The administration is writing legislation to open the door to business relationships with the country that have been banned for over fifty years.  

Czech Republic

The economic progress made by the Czech Republic since becoming an independent country in 1993 has been impressive. Today it has one of the most developed economies in the European Union.

Ecuador

Ecuador is an interesting nation that has adopted the US dollar as its national currency and was the first to declare that nature has constitutional rights. On the business side of things, however, there are a number of issues that can increase costs and raise the risk of doing business in Ecuador. See the Dispute Resolution section of our report for details.

Egypt

This month's country report focuses on Egypt – a country that has had a significant presence in the MENA (Middle East North Africa) region from the time of the ancients to the present.

France

Here's one for the water cooler crowd: In France, the practice of “bossnapping” is generally deemed acceptable – as long as workers refrain from violence and release the executive within a couple of days. For more information about this month's country, including a report on ABC-Amega's collection experience in France, read on.

Germany

This month we take a look at Germany – an export powerhouse and the largest economy in Europe.

Ghana

A well-administered country by regional standards, Ghana is challenged on a number of levels including infrastructure, human resource development, and establishing a business environment that encourages private sector led growth.

Greece

It's the merchant fleet capital of the world. But is everything smooth sailing for this EU member? Like the seas she sails, things are up and down when it comes to the Greek economy and business environment.

Hong Kong

Hong Kong is #1 on the 2011 Index of Economic Freedom, and in the number of skyscrapers and Rolls Royces (per person) than any other city in the world. It's also a strategic platform for companies seeking to do business in China and the rest of Asia. This report includes some valuable insights on doing business in the country from ABC-Amega's International Operations Assistant VP.

Hungary

Hungary has been in the news recently due to the EU's concern over recent changes in its constitution which may be a threat to democracy within this member state.

India

India has experienced much growth following the launch of economic reforms in 1991 resulting in India's emergence as a regional and global power.

Indonesia

Indonesia, the world's fourth most populous nation, currently appears to be holding its own despite a deteriorating global environment.

Iran

Iran’s position on terrorism and nuclear development has placed it under US, UN and EU economic sanctions and export controls. The nation figures prominently in world events, however, and some countries do have trade relations with Iran. Whether yours is among them or not, you’ll find this report an excellent thumbnail of its government, economy and business climate.

Iraq

Here’s a look at the business and economic side of this country that often dominates the news.

Ireland

The storied “Emerald Isle” boasts a flexible, trade driven economy with an intentionally business friendly environment.

Israel

The cell phone, voicemail technology, and the first PC anti-virus software were all developed at R&D centers in Israel. Perhaps even more impressive is the way this Middle Eastern country aggressively controls its consumer debt.

Italy

It's the fourth largest European economy and is ranked as the world's seventh-largest market economy. But, like many countries in the eurozone currently, not everything is sunny in Italy.

Japan

Almost three-fourths of Japan consists of mountains – including two hundred volcanoes ­– and they experience around 1,500 earthquakes every year; no surprise there, I guess. Fascinating geological information, but what about the economy, the business climate, dispute resolution, etc.? Read on to find out.

Korea (South)

Over the past four decades, South Korea has demonstrated incredible growth and global integration becoming a high-tech industrialized economy and one of the world’s premier trading nations.

Kuwait

Dominated by the oil industry and government sector, this small oil-rich country stands to weather the current global downturn rather well.

Malaysia

A country which has sustained strong economic growth, a stable currency and low inflation for the past three decades, Malaysia is an emerging multi-sector economy.

Mexico

A country rich in history, tradition and culture, Mexico is the third largest country in Latin America. This NAFTA member owes its increased trade and favororable economic outlook in a large part to a domestic market of more than 100 million and its close proximity to the US.

Morocco has been a gateway to trade with Europe, Africa, and the Middle East for more than a thousand years. It enjoys significant assets including proximity to the European market, natural resources, vast tourist potential, and political stability.

Netherlands

The Netherlands is seen as having one of the most competitive economies and favorable business and investment climates among countries in the industrialized world.

Nigeria

Although the government has taken a few preliminary steps, a number of serious difficulties continue to create obstacles to formal business in Nigeria, the most populous African country.

Norway

You know it as "Land of the Midnight Sun" with one of the longest and most rugged coastlines in the world – and some of the best tasting fish dishes anywhere. But what about Norway in terms of economy, business climate, and risk assessment?

Pakistan

Pakistan has emerged in prominence for a number of reasons over the past several years. But what do you really know about this country from an economic and business standpoint? We’ll bring you up to date.

Panama

Panama's strategic location as a land bridge between two oceans and the meeting of two continents has made it a transport hub and an international trading, banking, and services center.

Peru

Red tape and a cumbersome legal system can make doing business in Peru a two-edged sword: attractive but difficult. 

Philippines

The government of the Philippines plans to open the country to increased foreign investment in industries such as business processing operations, mining and tourism. This move may be hindered, however, by restrictions on foreign ownership of land and public utilities.

Poland

Trade and economic reforms have transformed Poland into one of the most robust economies in Central Europe. Learn more about this country that has produced 17 Nobel Prize winners and has managed to be the only country in the EU to avoid a recession during the 2008-09 economic downturn.

Portugal

Portugal's progress toward becoming an increasingly service-based and diversified economy stalled in 2009 when economic conditions in the EU plunged the country into a deep recession. Still heavily dependent on the financial environment in the EU, Portugal nevertheless continues to attract foreign investors. Read to find out why.

Romania

Rich agricultural lands, diverse energy sources, a substantial industrial base, and an educated work force make Romania a country of considerable potential. Unfortunately, however, widespread public-sector corruption and poor enforcement of commercial laws remain a serious barrier to business.

Russia

Russia is the largest country in the world. It constitutes one-seventh of the world’s landmass, spans eight time zones, and covers one-half of the Northern Hemisphere. Here's an update on business and economic conditions in this geographical giant.

Saudi Arabia

ABC-Amega’s experience in Saudi Arabia suggests that collections can be accomplished from Saudi debtors – assuming creditors are aware of several important factors.

Singapore

Singapore's strategic location on major sea lanes, coupled with its pro-foreign investment and export oriented policy framework, has allowed its small economy to be one of the most competitive and flexible in the world.

Slovakia

Slovakia became an independent nation in 1993 following a peaceful separation from Czechoslovakia. In 2009, it joined the EU. Learn more about this growing economy situated in the geographical center of Europe.

South Africa

While daunting economic problems remain from the apartheid era, South Africa is nevertheless recognized as an economic and political heavyweight on the continent.

Spain

If all you know about this member of the European Union is what you learned in your high school Spanish class, it's time for an update.

Switzerland

Switzerland – picture postcard scenery, and one of the most flexible, competitive, and business-friendly economies in the world.

Taiwan

There is an interesting aspect of Taiwanese business law that may help creditors protect their interest in goods sold until they are paid for.

Thailand

Generally considered a business-friendly economy (despite some rampant corruption), Thailand offers favorable investment incentives to foreign businesses.

Turkey

Travelers and business-types alike find Turkey a fascinating country. In fact, it's one of the ten most visited countries in the world. So this month our country report takes you to this land rooted in antiquity and keeping pace with the challenges of the 21st century.

Ukraine

Ukraine has the potential to become a major European economy. However, complex and vague laws and regulations, poor corporate governance, and weak enforcement by the courts has discouraged broad foreign direct investment in that country.

United Arab Emirates

While oil and global finance have been main drivers of the UAE's economy, expansion of the Emirate’s role as a regional business center is considered crucial to its economic development.

United Kingdom

A major international trading power, the United Kingdom – England, Scotland, Wales, and Northern Ireland – comprises the third-largest economy in the European Union, and the sixth-largest economy in the world.

United States of America

This informative overview includes three "must know" pointers on doing credit and collections in the US, including links to valuable additional information on each.

Venezuela

What effect has Venezuela's struggle to emerge from its current financial difficulties had on opportunities in the Venezuelan market?

Vietnam

Vietnam is a country in transition. Moving from a centrally planned economy to a 'market economy with socialist orientation' , it's becoming one of the fastest growing economies in Asia.