ZAGREB, May 21 (Hina) - The LEGSI stability index, which measures the potential of a country and its resistance to internal crises, for Croatia in May amounts to 61, which is one point more than in April, the Croatian Employers'
Association reported on Tuesday.
ZAGREB, May 21 (Hina) - The LEGSI stability index, which measures
the potential of a country and its resistance to internal crises,
for Croatia in May amounts to 61, which is one point more than in
April, the Croatian Employers' Association reported on
Tuesday.#L#
Croatia?s stability increased slightly due to the appointment of
the new State Prosecutor, the improvement of relation with the
Federal Republic of Yugoslavia, the beginning of the privatisation
process in INA oil company and the result of the election within the
largest Opposition party, the Croatian Democratic Union, read the
assessments of the Lehman Brothers Eurasia Group, which measures
the index.
In relation to other countries, Croatia is on the sixth place,
according to the LEGSI index. Hungary is on the first place, Mexico,
Poland, Bulgaria, Brazil and Croatia follow. Russia is seventh,
according to the LEGSI index and is followed by Philippines,
Thailand, Turkey, Ukraine, Indonesia, Columbia, Venezuela,
Uzbekistan, Argentina and Azerbaijan.
In October 2001, Eurasia Group and Lehman Brothers launched the
Lehman Eurasia Group Stability Index (LEGSI), a comprehensive
global risk assessment tool geared to emerging markets investors.
The LEGSI is the first qualitative comparative political and
economic stability index designed specifically to measure
stability in emerging markets. The LEGSI provides an "early
warning" system which helps anticipate critical trends and
provides a measure for country capacity to withstand political,
economic, security, and social shocks. The LEGSI currently covers
14 countries.