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12th OCTOBER 2008

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1st Country & Market Risk Management Survey

Globalization is one of the key characteristics of the world economy over the last 20 years. Over the period, trading cross-boarder was facilitated and also foreign direct investments to new markets - especially the so-called Emerging Market Economies - have multiplied. However, the chances in the new markets are opposed by significant hazards. Therefore country / market risk management is gaining more and more importance. The magic words are "Market Preparedness" and "Risk Awareness". Our 1st "Country & Market Risk Management Survey" was conducted in order to better understand best practice and further needs of the expert community.

Participation in this year's survey included firms from nearly all sectors that varied in size from local to global players. A good mix between national and multi-national enterprises with the whole bandwidth of employees was reached. Most survey enterprises have enterprises - wide risk management system in place and majority of the participants are working in a risk management position. Participation of all organizational levels from expert to top management level indicates that the survey was in general form great interest.

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