In this chapter published in The Guide to Damages in International Arbitration, Tiago Duarte-Silva lays out how investors account for country risk in their valuations, and how it should be incorporated in damages calculations, by describing the myriad approaches to its measurement and application.
The chapter begins on p. 16 of the PDF.
Country Risk is reproduced with permission from Law Business Research Ltd. The Guide to Damages in International Arbitration, 5th edition, John A. Tranor, Editor.