Country risk and country attractiveness model
Methodology of a country selection model
193 Countries

Countries which have been eliminated based restriction criteria.

48 Countries
Countries which have been eliminated based on selection criteria and the country ranking. 15 Countries
Countries which have been eliminated based on in-depth selection.

Selected countries for business activities

1. Selection step
(Preselection)

2. Selection step
(Rough selection)

Checklist procedure with restriction criteria

Weighted scoring model, g g
,
country ranking

3. Selection step
(In-depth selection)
Clustering
g portfolio analysis, graphical analysis
1

Country risk and country attractiveness model
Selection criteria and indicators
2nd selection step
Criterion

Indicator

Criterion

Country risk

Country attractiveness

Legal security

Biomass potential

Biomass productivity
Available agricultural land
Agricultural land p inhabitant g per

Cost of biomass

Biomass productivity
Cost of land
Cost of labour

Land tenure

Agricultural land per holding
Transparency of land tenure

Logistics

Quality of roads (index)
Quality of railway (index)
Quality of ports (index)

Political support

Institutional support of FDIs
Support of biomass projects
Financial and fiscal incentives

Sustainability

Protection of property rights (Index)

Risk of expropriation

Indicator

Political support for a sustainable development of society

Expertise in Biomass production Gross value added per worker of the primary sector

Multilateral/ bilateral investment Treaties
Rule of law (Index)

Political stability

Political stability (Index)
Freedom of speech & p. participation (Index)

Disposition risk

Extend of corruption (Index)
Business regulation (Index)
Trade barriers (Index)