Neutrosophic Sets and Systems
Abstract
Purpose of the study: To measure country risks for foreign direct investments by assessing a neutrosoph-ic PESTEL-SWOT. Design/methodology/approach: The PESTEL assessment includes political, econom-ic, social, technological, environmental, and legal components while SWOT composes strengths, weak-nesses, 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 deter-mine risk probability within a Latin America focus. Findings: The induced PESTEL-SWOT model measures country risks with a 70% efficiency rate to forecast certain outcomes for foreign direct invest-ments 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 dif-ferent nations, internationally developed neutrosophic PESTEL-SWOT assessments could indicate simi-larly 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.
Recommended Citation
San Andrés Reyes, Pablo; Rafael Sorhegui-Ortega; Fidel Márquez-Sánchez; Andrés Renato Jácome Gagñay; and Petr Sed'a. "Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL- SWOT." Neutrosophic Sets and Systems 84, 1 (2025). https://digitalrepository.unm.edu/nss_journal/vol84/iss1/58
