Country risk refers to the risk of investing in a country, dependent on changes in the business environment that may adversely affect operating profits or the value of assets in a specific country. For example, financial factors such as currency controls, devaluation or regulatory changes, or stability factors such as mass riots, civil war and other potential events contribute to companies' operational risks. This term is also sometimes referred to as political risk; however, country risk is a more general term that generally refers only to risks affecting all companies operating within a particular country.
Environmental, Social and Corporate Governance, also known as ESG, describes the three main areas of concern that have developed as the central factors in measuring the sustainability and ethical impact of an investment in a company or business. Within these three areas are a broad set of concerns that are increasingly being included in the non financial factors that figure in the valuation of equity, real-estate, corporations and all fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as Socially Responsible Investment.
This is a small description of the "risk_profile" as we know it
An economy may include several sectors (also called industries), that evolved in successive phases.
The ancient economy was mainly based on subsistence farming.
The industrial revolution lessened the role of subsistence farming, converting it to more extensive and monocultural forms of agriculture in the last three centuries. Economic growth took place mostly in mining, construction and manufacturing industries.
In the economies of modern consumer societies, services, finance, and technology — the knowledge economy — play an increasingly significant role.
Even in modern times, developing countries tend to rely more on the first two sectors, compared to developed countries.