Saturday, February 26, 2011

Global Fiscal Crisis Rating (EconForecast)

Top 12 Countries Most Likely To Go Belly Up

Risk analysis firm Maplecroft just released its new fiscal risk index

 ranking of 163 countries. Europe trumps all other regions with 11 
out of twelve courtiers rated as "extreme risk." However, quite 
surprisingly, only one PIIGS country--Italy which takes the top spot
--is in the top 12.

The others include many big economies in Europe - Belgium (2), 

France (3), Sweden (4), Germany (5), Hungary (6), Denmark (7), 
Austria (8), United Kingdom (10), Finland (11) and Greece (12). 
Japan at No. 9 is the only other country not in Europe within the
 highest risk category (See map below).


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