Models or Methods for measuring country risk, especially concerning Armenia and Austria

My bachelor thesis is called: "Methods of measuring country-specific risk in Armenia and Austria to evaluate corporate investment projects". 

The models/methods I require from you is only one chapter of the paper. It should include theoretical approach and also a basic quantitative approach.
I need a few general methods that can be used to measure risk, and most important is the focus on the countries: how risks can be evaluated in Austria and in Armenia separately.

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