Thinking about setting up shop in Azerbaijan or Croatia? Lehman Brothers and
Eurasia Group, a New York-based political risk analysis firm, have teamed up to
launch an index that examines political and economic factors as measurements of
the stability of emerging markets. The index will initially cover 10 countries
in Eastern Europe and Asia and increase to 25 countries by the end of 2002.

While such indexes are nothing new, the Lehman Eurasia Group Stability Index (LEGSI) focuses more on stability than business conditions and has a more
forward-looking theoretical model, which includes political, social, security
and economic factors, says Tina Nelson, the joint venture's director.. LEGSI
employs proprietary information. Further, the Eurasia Group has locally based
experts who provide data and analysis for the index.

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