Brian Fisher, Sean Hinton and Anna Fisher have contributed to a book titled ‘Emerging Markets and Sovereign Risk’, edited by Nigel Finch.

The chapter, ‘Big Projects in Small Economies: The Determinants of Sovereign Risk and its Control’, describes issues that can arise when multi-billion dollar natural resource projects are established in developing countries. In these projects, market and operational risk often receive more attention than sovereign risk, which can lead to delays and cost increases.

A summary of the book can be found at the following link: