Repudiation of Contracts by Governments. Indicates the "risk of a modification in a contract taking the form of a repudiation, postponement, or scaling down" due to "budget cutbacks, indigenization pressure, a change in government, or a change in government economic and social priorities." Scored 0-10, with lower scores for higher risks. Average 1982-95. Source: Knack and Keefer (1995), using data from ICRG.
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