نبذة مختصرة : El riesgo país es una medida que se creó para poder proteger a los inversionistas internacionales de operaciones demasiadas riesgosas. Mientras tanto en el mercado de valores se han popularizado las REITs, fondos de inversión especializados en la operación y desarrollo de proyectos inmobiliarios. Comprender la relación entre el riesgo de un país y el mercado inmobiliario es esencial para crear un ambiente económico estable, atraer inversión extranjera y reconocer problemas que se pueden resolver para asegurar el crecimiento de este mercado. En conclusión, se pretende responder: ¿cuál es el efecto que tiene el riesgo país sobre los retornos de los REITs latinoamericanos? ; Country risk is a measure that was created to protect international investors from excessively risky operations. Meanwhile, in the stock market, REITs (Real Estate Investment Trusts), investment funds specialized in the operation and development of real estate projects, have become popular. Understanding the relationship between a country's risk and the real estate market is essential to create a stable economic environment, attract foreign investment, and identify problems that can be solved to ensure the growth of this market. In conclusion, the aim is to answer: what is the effect of country risk on the returns of Latin American REITs? ; Maestría
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