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No. 3 (2025)
Marketing

Articles

ANALYSIS BASED ON IHTT'S CRAM METHODOLOGY (CZECH EXPERIENCE)

Published 2025-03-28

Authors
Hakimov Hakimjon Abdullo o‘g‘li
Affiliation
Professor of Tashkent State University of Economics, i.f.d. Abstract This article analyzes the country risk and economic stability of the Czech Republic based on the "Country Risk Assessment Model" (CRAM) methodology of the Organization for Economic Co-operation and Development (OECD). The study considers the Czech Republic's export-oriented economy as a high-income OECD member and stable integration into the European Union as the main factors determining its position as a low-risk country. On the basis of quantitative and qualitative indicators of CRAM, the financial situation, geopolitical advantages and external economic vulnerability of the Czech Republic are analyzed. Keywords: economic stability, export credit, risk level, financial situation, geopolitical position, external vulnerability
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Abstract

This article analyzed the country risk and economic stability of the Czech Republic based on the “Country Risk Assessment Model” (CRAM) developed by the Organisation for Economic Co -operation and Development (OECD). The study examined the Czech Republicʼs status as a high -income OECD member, its export oriented economy, and stable integration into the European Union, which collectively positioned it as a low -risk country. Both the quantitative and qualitative indicators of the CRAM framework were assessed, focusing on the nationʼs financial condition, geopolitical advantages, and external vulnerabilities.

Keywords

economic stability, export credit, risk level, financial situation, geopolitical position, external vulnerability

References

  1. OECD (2023). Country Risk Classification Methodology.
  2. Bussière, M., & Mulder, R. (2009). Country Risk in Times of Crisis. Journal of International Money and Finance.
  3. Havranek, T., & Zikes, F. (2015). Czech Exports and German Supply Chains. Economic Policy.
  4. IMF (2024). Czech Republic: Economic Outlook.
  5. Gray, J., & McHugh, P. (2018). Limitations of CRAM in High -Income Economies. OECD Working Papers.
  6. Benáček, V., & Víšek, J. (2020). Czech Integration into the EU: Economic Resilience. European Economic Review.

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