STRATEGIC MANAGEMENT OF COUNTRY RISKS

Abstract

The present article attempts to study the role of country risk management from the entrepreneur’s perspective. The main purpose of the article is to identify the main patterns that determine the features of risk assessment in business as the main element contributing to the achievement of economic security of the organization. The article considers the theoretical foundations, as well as practical aspects of identifying country risks. Methods of cognition, retrospective and documentary analysis, as well as synthesis, generalization, and systematization were used in the performance of the work. In contemporary economic analysis, various methods of risk management are used. The most effective way to reduce risk in the unstable economic and political situation in Russia is diversification, i.e. the distribution of risks between several business participants.