Indlela yokuvavanya ingozi yelizwe

Ukusuka kwezoqoqosho ukuya kwiengozi zezopolitiko kunye nento yonke phakathi

Utyalo-mali lwamazwe ngamazwe yindlela enhle yokudibanisa nayiphina iphothifoliyo yesitokethi. Kodwa ukutshala imali eItali okanye eNigeria akufani nokutshala imali e-United States. Umngcipheko welizwe uthetha kwiingxaki zezoqoqosho kunye / okanye ezopolitiko ezinokuchaphazela amashishini awo kwaye zibangele ukulahlekelwa kotyalo-mali. Ezi zinto zikhupha ingozi kubaluleke kakhulu kubanini-mali bamanye amazwe ukubeka iliso emva kwexesha.

Kule nqaku, siza kujonga indlela yokwenza ngokukhawuleza nangokulula nokuhlalutya umngcipheko welizwe.

Umngcipheko weHlabathi

Ukulinganisa umngcipheko welizwe kunokuba ngumsebenzi onzima. Ukususela kwimithetho yerhafu ukuya kutsho kwezopolitiko, abatyali-mali kufuneka bathathe amakhulu, ukuba kungabikho amawaka, malunga nemibandela eyahlukileyo. Ngokomzekelo, ukubonakala okubonakalayo njengokunyuka kwezinga lomdla kungalimaza okanye kukunceda amashishini ehlabathi kunye nemakethe yemasheya. Kodwa kwanamazwi nje kuphela avela kwipolitiki ovelele ekuthandeni kwizicwangciso ezizayo unokuba nefuthe elikhulu. Uninzi luxhomekeke kwizinto ezilindelekileyo zeemarike phambi kokuhamba okanye ukunyakaza.

Umngcipheko welizwe ungasahlukana ngamaqela amabini:

Kwezinye iimeko, ingozi yezoqoqosho kunye nezopolitiko inokungena. Uqoqosho lwaseArgentina phantsi kolawulo lwamaPeronist yangumzekelo omhle. Kwimeko apho, oopolitiki abanobudemokhrasi baqalisa iinkqubo ezonakalisa uqoqosho, njengemali-mali kunye nenkcitho evela kumaziko angaphandle.

Ukuhlalutya ingozi yelizwe

Kukho iindlela ezahlukeneyo zokuhlalutya umngcipheko welizwe.

Ukusuka kwii- beta coefficients ukuya kumaxabiso okulawula , abatyali-mali banenombolo yezixhobo ezahlukileyo. Abatyalomali belizwe lonke kufuneka basebenzise ukuhlanganiswa kwezi ndlela ukuze baqinisekise ingozi yelizwe, kunye nomngcipheko ophathelene naliphi na utyalo-mali okanye ukhuseleko lwamazwe ngamazwe.

Izindlela ezisetyenziselwa ukuhlola umngcipheko welizwe zingabalwa ngamaqela amabini:

Kodwa, indlela eqhelekileyo yokuba abatyali-mali bavavanya ingozi yelizwe kungenxa yokulinganisa. Ngokuthatha ezi zinto zilandelelanisa kunye nezobuqu, ii-arhente zikhupha izilinganiso zekhredithi kwilizwe ngalinye kwaye banike abatyali-mali indlela elula yokuhlalutya ingozi yelizwe.

Ezi zintathu zee-arhente zokujonga i-arhente ze-Standard & Poor's, IiNkonzo ze-Moody's Investor, kunye ne-Ratings Ratings.

Uluhlu lokuHlola iHlabathi kunye namanye amacebiso

Abatyalomali bamazwe ngamazwe banokumisela umngcipheko welizwe ngokusebenzisa le nqubo elula ezintathu:

Kodwa, ngenxa yokuba ilizwe eliyingozi alitsho ukuba abatyali-mali bathobele. Ngamanye amaxesha ukwanda komngcipheko kufana neentlawulo eziphezulu. Ngokomzekelo, ilizwe elijongene nokulungiswa koqoqosho lingaba lukhuseleko ngoku, kodwa ikusasa layo elide linokugqithisa ngenxa yoko. Abatyalomali bamazwe ngamazwe banako ukufaka ingozi kwi-potifoliyo eyahlukeneyo ukwenzela ukuphucula ukubuyiswa kwembuyekezo.

Nazi izicwangciso ezimbalwa zokugcina ingqalelo xa ucinga utyalo-mali:

Ngaphantsi

Abatyalomali bamazwe ngamazwe kufuneka baqaphele izinto ezininzi ezinobungozi ezichaphazela utyalo-mali lwabo, kubandakanywa nemingcipheko ethile yezoqoqosho kunye nezopolitiko. Ngokutshekisha ukulinganiswa komlawuli kunye nokwenza ngokukhawuleza, banokuqinisekisa ukuba iphothifoliyo yabo ayibonakaliswa ngokugqithiseleyo.