Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT

Purpose of the study: To measure country risks for foreign direct investments by assessing a neutrosophic PESTEL-SWOT. Design/methodology/approach: The PESTEL assessment includes political, economic, social, technological, environmental, and legal components while SWOT composes strengths, weaknesses...

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Bibliographic Details
Main Authors: Pablo San Andrés Reyes, Rafael Sorhegui-Ortega, Fidel Márquez-Sánchez, Andrés Renato Jácome Gagñay, Petr Sed'a
Format: Article
Language:English
Published: University of New Mexico 2025-05-01
Series:Neutrosophic Sets and Systems
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Online Access:https://fs.unm.edu/NSS/58.%20CountryRiskAssessment%20PESTEL-FODA.pdf
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Summary:Purpose of the study: To measure country risks for foreign direct investments by assessing a neutrosophic PESTEL-SWOT. Design/methodology/approach: The PESTEL assessment includes political, economic, social, technological, environmental, and legal components while SWOT composes strengths, weaknesses, opportunities, and threats. In uncertain settings, a neutrosophic PESTEL-SWOT was generated. A survey of experts' data corresponding to qualitative and quantitative determinations was assessed through genuine mathematic techniques and an integrated PESTEL and neutrosophic SWOT to determine risk probability within a Latin America focus. Findings: The induced PESTELSWOT model measures country risks with a 70% efficiency rate to forecast certain outcomes for foreign direct investments per international experts. Most importantly, social elements weigh the greatest while legal factors are heavily persuasive. Research limitations/implications: Should investors reside and practice in different nations, internationally developed neutrosophic PESTEL-SWOT assessments could indicate similarly trustworthy findings. Practical implications: The neutrosophic PESTEL-SWOT is a practical tool for investors to assess risks because in an uncertain world, achieving more certain projections is vital. Originality/value: This technique is seldom used for risk assessments without assessing uncertainty; applying this project to other developing countries would enhance risk assessments for investment.
ISSN:2331-6055
2331-608X