METODY ZARZĄDZANIA RYZYKIEM NIEWYPŁACALNOŚCI KRAJU
METHODS OF RISK MANAGEMENT OF COUNTRY’S INSOLVENCY

Summary/Abstract: The term risk is of particular importance in finance, where it is a point of departure of most of normative considerations. In the international finance dominates the treatment of risk as an objective and measurable category. In the broad risk management in economy and business, it is assumed that the interpretation of the risk is not always measurable and should be viewed as a result of intersubjective discourse. The aim of this study is to analyze the ways of defining risk in management of the country’s insolvency risk. It is also considered which risk interpretations play a decisive role in the processes of its operationalization and in an initial assessment of usefulness of these interpretations.

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