TY - BOOK AU - SAN-MARTIN-ALBIZURI Nerea AU - RODRIGUEZ-CASTELLANOS Arturo TI - Crises and unpredictability in developing countries PY - 2018/// KW - GLOBALISATION KW - DEVELOPING COUNTRIES KW - FINANCIAL CRISES KW - FORECAST KW - COUNTRY RISK N2 - Developing countries have suffered most of the financial crises in the context of the process of economic and financial globalisation. Both current and previous crises have revealed that unpredictability is a feature common to all the episodes which occurred during the process of globalisation. Although certain alarms went off, any of those external financial crises were actually predicted by the advanced methods in use for prediction and country risk analysis. Taking into consideration the information above, the aim of this paper is to check the ability to foresee external financial crises in developing countries of both the country risk index published by Euromoney and the Credit Ratings variable included therein UR - https://doi.org/10.1080/01436597.2017.1368378 ER -