地缘政治风险与新兴市场主权风险溢价(英)-31页.pdfVIP

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地缘政治风险与新兴市场主权风险溢价(英)-31页.pdf

BISWorkingPapers

No1368

Geopoliticalriskand

emergingmarketsovereign

riskpremia

byFredyGamboa-EstradaandJoséVicenteRomero

MonetaryandEconomicDepartment

July2026

JELclassification:C23,C54,F34,G15

Keywords:sovereignrisk,creditdefaultswaps,EMBI,

emergingmarkets,geopoliticalrisk,panellocal

projections,state-dependenttransmission

BISWorkingPapersarewrittenbymembersoftheMonetaryandEconomic

DepartmentoftheBankforInternationalSettlements,andfromtimetotimebyother

economis

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