International Political Risk Management : The Brave New World
Part One provides a first look from the "supply side" at the reaction of the political risk insurance market to September 11, 2001, the Argentine economic crisis, and other recent corporate upheavals. This section starts off with the publ...
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Online Access: | http://documents.worldbank.org/curated/en/2004/01/3002933/international-political-risk-management-brave-new-world http://hdl.handle.net/10986/15039 |
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okr-10986-150392021-04-23T14:03:12Z International Political Risk Management : The Brave New World Moran, Theodore H. Moran, Theodore H. POLITICAL RISK ANALYSIS RISK MANAGEMENT TECHNIQUES PRIVATE INVESTMENT PUBLIC INFRASTRUCTURE INTERNATIONAL MARKETS ECONOMIC DEVELOPMENT INVESTORS EMERGING ECONOMIES ECONOMIC CRISES PRIVATIZATION DECENTRALIZATION FOREIGN DIRECT INVESTMENT PORTFOLIO INVESTMENTS INVESTMENT PARTNERSHIP TERRORISM CAPITAL MARKETS ADB ASSURANCE BALANCE SHEETS BANKRUPTCY BROKER BROKERS CAPITAL MARKETS CENTRAL GOVERNMENTS COMMERCIAL PROPERTY COVERAGE CROWDING CROWDING OUT DEBT DECENTRALIZATION DEVELOPED COUNTRIES DISASTERS ECONOMIC ACTIVITY EMERGING MARKETS FEDERAL FINANCIAL INSTITUTIONS INCOME INSURANCE INSURANCE CONTRACTS INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE RATES INSURERS INTERNATIONAL FINANCE INVESTMENT INSURANCE LABOR COSTS MDB MULTILATERAL DEVELOPMENT BANKS MUNICIPAL GOVERNMENTS POTENTIAL EXPOSURE POWER PLANTS PRIVATE INSURANCE PRIVATE SECTOR PRIVATIZATION PROGRAMS PROPERTY INSURANCE PUBLIC AGENCIES PUBLIC POLICY RATES RATING AGENCIES REGULATORY AGENCIES REINSURANCE REINSURERS RISK INSURANCE RISK MANAGEMENT RISK MITIGATION SALVAGE SECURITIES SOLVENCY SOVEREIGN RISK STOCKS SUBSIDIARY TREATY REINSURANCE UNDERWRITING WATERSHED Part One provides a first look from the "supply side" at the reaction of the political risk insurance market to September 11, 2001, the Argentine economic crisis, and other recent corporate upheavals. This section starts off with the public provider's perspective, provided by Vivian Brown, Chief Executive of the U.K.'s Export Credits Guarantee Department (ECGD) and President of the Berne Union. Part Two explores the reactions of investors and lenders to the recent upheavals in the global economy. It pays particular attention to the problems confronting large infrastructure projects, in which purchase agreements are guaranteed by the host country, and revenues are denominated in local currency. It examines how political risk insurance can help lenders to return to financing infrastructure development in emerging markets, and asks to what extent investors and lenders need new products or new kinds of coverage to deal with currency crises. Part Three brings together Felton "Mac" Johnston, President, FMJ International Risk; Charles Berry, Chairman, Berry, Palmer & Lyle Limited; and Witold Henisz and Bennet Zelner, Assistant Professors at Wharton and Georgetown University respectively. Additional commentary is provided by David Bailey, Vice President, Sovereign Risk Insurance Ltd. and Edith Quintrell, Manager, Insurance, at the Overseas Private Investment Corporation, who provide perspectives on how the political risk insurance industry might evolve to meet the needs of insurers and reinsurers, on the one hand, and investors and lenders, on the other. 2013-08-12T21:15:03Z 2013-08-12T21:15:03Z 2004 http://documents.worldbank.org/curated/en/2004/01/3002933/international-political-risk-management-brave-new-world 0-8213-5649-6 http://hdl.handle.net/10986/15039 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and Multilateral Investment Guarantee Agency Publications & Research :: Publication Publications & Research :: Publication |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
POLITICAL RISK ANALYSIS RISK MANAGEMENT TECHNIQUES PRIVATE INVESTMENT PUBLIC INFRASTRUCTURE INTERNATIONAL MARKETS ECONOMIC DEVELOPMENT INVESTORS EMERGING ECONOMIES ECONOMIC CRISES PRIVATIZATION DECENTRALIZATION FOREIGN DIRECT INVESTMENT PORTFOLIO INVESTMENTS INVESTMENT PARTNERSHIP TERRORISM CAPITAL MARKETS ADB ASSURANCE BALANCE SHEETS BANKRUPTCY BROKER BROKERS CAPITAL MARKETS CENTRAL GOVERNMENTS COMMERCIAL PROPERTY COVERAGE CROWDING CROWDING OUT DEBT DECENTRALIZATION DEVELOPED COUNTRIES DISASTERS ECONOMIC ACTIVITY EMERGING MARKETS FEDERAL FINANCIAL INSTITUTIONS INCOME INSURANCE INSURANCE CONTRACTS INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE RATES INSURERS INTERNATIONAL FINANCE INVESTMENT INSURANCE LABOR COSTS MDB MULTILATERAL DEVELOPMENT BANKS MUNICIPAL GOVERNMENTS POTENTIAL EXPOSURE POWER PLANTS PRIVATE INSURANCE PRIVATE SECTOR PRIVATIZATION PROGRAMS PROPERTY INSURANCE PUBLIC AGENCIES PUBLIC POLICY RATES RATING AGENCIES REGULATORY AGENCIES REINSURANCE REINSURERS RISK INSURANCE RISK MANAGEMENT RISK MITIGATION SALVAGE SECURITIES SOLVENCY SOVEREIGN RISK STOCKS SUBSIDIARY TREATY REINSURANCE UNDERWRITING WATERSHED |
spellingShingle |
POLITICAL RISK ANALYSIS RISK MANAGEMENT TECHNIQUES PRIVATE INVESTMENT PUBLIC INFRASTRUCTURE INTERNATIONAL MARKETS ECONOMIC DEVELOPMENT INVESTORS EMERGING ECONOMIES ECONOMIC CRISES PRIVATIZATION DECENTRALIZATION FOREIGN DIRECT INVESTMENT PORTFOLIO INVESTMENTS INVESTMENT PARTNERSHIP TERRORISM CAPITAL MARKETS ADB ASSURANCE BALANCE SHEETS BANKRUPTCY BROKER BROKERS CAPITAL MARKETS CENTRAL GOVERNMENTS COMMERCIAL PROPERTY COVERAGE CROWDING CROWDING OUT DEBT DECENTRALIZATION DEVELOPED COUNTRIES DISASTERS ECONOMIC ACTIVITY EMERGING MARKETS FEDERAL FINANCIAL INSTITUTIONS INCOME INSURANCE INSURANCE CONTRACTS INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE RATES INSURERS INTERNATIONAL FINANCE INVESTMENT INSURANCE LABOR COSTS MDB MULTILATERAL DEVELOPMENT BANKS MUNICIPAL GOVERNMENTS POTENTIAL EXPOSURE POWER PLANTS PRIVATE INSURANCE PRIVATE SECTOR PRIVATIZATION PROGRAMS PROPERTY INSURANCE PUBLIC AGENCIES PUBLIC POLICY RATES RATING AGENCIES REGULATORY AGENCIES REINSURANCE REINSURERS RISK INSURANCE RISK MANAGEMENT RISK MITIGATION SALVAGE SECURITIES SOLVENCY SOVEREIGN RISK STOCKS SUBSIDIARY TREATY REINSURANCE UNDERWRITING WATERSHED Moran, Theodore H. International Political Risk Management : The Brave New World |
description |
Part One provides a first look from the
"supply side" at the reaction of the political
risk insurance market to September 11, 2001, the Argentine
economic crisis, and other recent corporate upheavals. This
section starts off with the public provider's
perspective, provided by Vivian Brown, Chief Executive of
the U.K.'s Export Credits Guarantee Department (ECGD)
and President of the Berne Union. Part Two explores the
reactions of investors and lenders to the recent upheavals
in the global economy. It pays particular attention to the
problems confronting large infrastructure projects, in which
purchase agreements are guaranteed by the host country, and
revenues are denominated in local currency. It examines how
political risk insurance can help lenders to return to
financing infrastructure development in emerging markets,
and asks to what extent investors and lenders need new
products or new kinds of coverage to deal with currency
crises. Part Three brings together Felton "Mac"
Johnston, President, FMJ International Risk; Charles Berry,
Chairman, Berry, Palmer & Lyle Limited; and Witold
Henisz and Bennet Zelner, Assistant Professors at Wharton
and Georgetown University respectively. Additional
commentary is provided by David Bailey, Vice President,
Sovereign Risk Insurance Ltd. and Edith Quintrell, Manager,
Insurance, at the Overseas Private Investment Corporation,
who provide perspectives on how the political risk insurance
industry might evolve to meet the needs of insurers and
reinsurers, on the one hand, and investors and lenders, on
the other. |
author2 |
Moran, Theodore H. |
author_facet |
Moran, Theodore H. Moran, Theodore H. |
format |
Publications & Research :: Publication |
author |
Moran, Theodore H. |
author_sort |
Moran, Theodore H. |
title |
International Political Risk Management : The Brave New World |
title_short |
International Political Risk Management : The Brave New World |
title_full |
International Political Risk Management : The Brave New World |
title_fullStr |
International Political Risk Management : The Brave New World |
title_full_unstemmed |
International Political Risk Management : The Brave New World |
title_sort |
international political risk management : the brave new world |
publisher |
Washington, DC: World Bank and Multilateral Investment Guarantee Agency |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2004/01/3002933/international-political-risk-management-brave-new-world http://hdl.handle.net/10986/15039 |
_version_ |
1764425756138536960 |