Investing with Confidence : Understanding Political Risk Management in the 21st Century
"A investing with confidence: understanding political risk management in the 21st century", is based on papers at the 2008 symposium on international political risk management, host by the Multilateral Investment Guarantee Agency (MIGA) a...
Main Authors: | , , |
---|---|
Language: | English |
Published: |
World Bank
2012
|
Subjects: | |
Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20091027004213 http://hdl.handle.net/10986/2678 |
Summary: | "A investing with confidence:
understanding political risk management in the 21st
century", is based on papers at the 2008 symposium on
international political risk management, host by the
Multilateral Investment Guarantee Agency (MIGA) and
Georgetown University on December 4, 2008. The symposium was
the sixth such event, and coincided with MIGA 20th
anniversary. Both of these milestones attest to the
importance of political risk insurance (PRI) and the extent
to which the PRI market has developed and grown during this
period. The last 20 years have seen tremendous growth in
both the number and value of projects that have been
insured, and a steady and healthy increase in the number of
PRI providers in the marketplace. MIGA, for one, has written
over $20 billion in guarantees since the agency was
established, and has worked with and received support from a
wide range of private, public, and multilateral insurers.
Events like the MIGA-Georgetown symposium demonstrate that
there is much to be learned through the sharing of
experiences and thinking together about the critical issues
that confront the industry as well as new products and
ideas. The chapters presented in this volume provide the
reader with important and current insights into the evolving
world of political risk insurance and foreign direct
investment. The financial crisis presents us incredible
challenges, and at the same time, incredible opportunities.
Through cooperation and innovation, the author can emerge
from the crisis in a stronger position. Making the most of
the lessons the author have learned from the past and
applying new tools puts us in a position to mitigate the
impact of the current crisis on those countries with the
least resilience and with the greatest need for continued
foreign direct investment, as well as to benefit from new
opportunities as the recovery begins and credit flows and
investment levels regain momentum. |
---|