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Looking to the future / Theodore H. Moran and Gerald T. West, editors.

Lippincott Library HG8054.5 .L66 2005
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Format:
Book
Conference/Event
Government document
Contributor:
Moran, Theodore H., 1943-
West, Gerald T. (Gerald Thomas), 1944-
Multilateral Investment Guarantee Agency.
Conference Name:
MIGA-Georgetown University Symposium on International Political Risk Management (2004)
Series:
International political risk management
Language:
English
Subjects (All):
Risk (Insurance)--Developing countries.
Risk (Insurance).
Risk management--Developing countries.
Risk management.
Investment guaranty insurance--Developing countries.
Investment guaranty insurance.
Political stability.
Developing countries.
Investments, Foreign--Developing countries.
Investments, Foreign.
Political stability--Developing countries.
Physical Description:
x, 251 pages : illustrations ; 24 cm.
Place of Publication:
Washington, D.C. : World Bank, [2005]
Summary:
International Political Risk Management, Volume III: Looking to the Future is the latest in a series based on the MIGA-Georgetown University Symposium on International Political Risk Management. Volumes in this series offer leading-edge assessments of needs and capabilities in the international political risk insurance industry. These assessments come from a dozen experts in the fields of international investment, finance, insurance, and academe.
Contributors to this volume consider the latest developments and technical innovations in the political risk insurance (PRI) industry. The volume leads off by examining the lessons that can be learned from recent investment losses, insurance claims, and arbitrations. It then turns to consider what the future may hold for coverage of project finance projects in emerging markets as well as recent public-private collaboration trends in the issuance of political risk insurance. It concludes by reconsidering both old and new political risk insurance products that seek to expand the tools that international investors can utilize to mitigate political risk abroad.
An in-depth analysis of international political risk management from the front lines of the industry, the International Political Risk Management series offers a valuable guide to those who are considering private sector investments and privatizations in the developing world, whether as equity sponsors, lenders, or insurers. It should also be of interest to independent analysts and scholars working in the field of political risk management.
Contents:
Part 1 Learning from Recent Losses, Claims, and Arbitrations
Tales from the Dark Side: Lessons Learned from Troubled Investments / Kenneth W. Hansen 12
Learning from OPIC's Experience with Claims and Arbitration / Robert C. O'Sullivan 30
Discussion of Learning from Recent Losses, Claims, and Arbitrations / Symposium Panelists and Participants 75
Part 2 The Emergence of New International Property Rights and the Role of Political Risk Insurance in Project Finance
The New International Property Rights: Can the Foreign Investor Rely on Them? / Louis T. Wells, Jr. 87
The Future of Political Risk Insurance in International Project Finance: Clarifying the Role of Expropriation Coverage / Frederick E. Jenney 103
Discussion of the Emergence of New International Property Rights and the Role of Political Risk Insurance in Project Finance / Symposium Panelists and Participants 116
Part 3 The Evolution of Private-Public Relationships in the Political Risk Insurance Industry
The Future of the International Political Risk Insurance Industry / Clive Tobin 128
Perspectives on Private-Public Relationships in Political Risk Insurance / Toby Heppel 139
Discussion of the Evolution of Private-Public Relationships in Political Risk Insurance / Symposium Panelists and Participants 158
Part 4 New Products and New Perspectives in Political Risk Insurance
The Use of Political Risk Insurance to Support Emerging Market-Based Issuers / Christina Westholm-Schroder 173
Currency Transfer and Convertibility Coverage: An Old Reliable Product or Just an Old Product? / Daniel W. Riordan, Edward A. Coppola 182
Discussion of New Products and New Perspectives in Political Risk Insurance / Symposium Panelists and Participants 193
II Whither the Political Risk Insurance Industry? / Gerald T. West, Kristofer Hamel 206
III Previous Volumes in the Series 231
IV More About MIGA 237.
Notes:
"Multilateral Investment Guarantee Agency"--Cover.
"The papers and commentary in this volume are based on the discussion ... at the ... Symposium on International Political Risk Management hosted by MIGA and Georgetown University, held November 12, 2004"--Introd.
Includes bibliographical references and index.
ISBN:
0821361546
OCLC:
61204760

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