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...

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Main Authors: Lu, Kevin W., Verheyen, Gero, Perera, Srilal M.
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
CDS
NPV
TAX
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
id okr-10986-2678
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABSTENTION
ACCOUNTING
ACCOUNTING PRINCIPLES
ADJUDICATION
ADMINISTRATIVE ACTIONS
ARBITRAGES
ARBITRAL AWARDS
ARBITRAL DECISION
ARBITRAL TRIBUNAL
ARBITRAL TRIBUNALS
ARBITRATION
ASSETS
BALANCE OF PAYMENTS
BANKING SYSTEMS
BANKRUPTCY
BOND
BOOK VALUE
BREACH OF CONTRACT
BROKERS
CAPITAL FLIGHT
CAPITAL FLOWS
CAPITAL GAINS
CASH FLOW
CASH FLOWS
CASH PAYMENT
CDS
CLAIM
CLAIMANTS
COMMODITY
COMMODITY PRICES
COMPETENT COURT
CONFLICTING CLAIMS
CONTRACTUAL ARRANGEMENTS
CONTRACTUAL OBLIGATIONS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE INVESTORS
COST OF CAPITAL
COUNTRY RISK
COURT OF APPEAL
CREDIBILITY
CREDIT AGENCY
CREDIT DEFAULT
CREDIT DEFAULT SWAP
CREDIT FLOWS
CREDITORS
CURRENCY
DEBT
DEBT INSTRUMENTS
DEBT OBLIGATION
DEPENDENT
DEVELOPING COUNTRIES
DEVELOPING MARKETS
DEVELOPMENT BANK
DIRECT ACCESS
DISPUTE RESOLUTION
DOMESTIC LAW
DOMESTIC LAWS
ECONOMIC DEVELOPMENT
ECONOMIC RIGHTS
ECONOMIC STRENGTH
EMERGING MARKETS
EQUITY INTERESTS
EVENT OF DEATH
EXCLUSIVE JURISDICTION
EXPORT CREDIT
EXPROPRIATION
FAIR MARKET VALUE
FINAL JUDGMENT
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL RESPONSIBILITY
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SYSTEM
FLOW OF INVESTMENTS
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN DIRECT INVESTMENTS
FOREIGN GOVERNMENTS
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FOREIGN INVESTOR
FOREIGN INVESTORS
FOREIGN LOANS
FOREIGN NATIONALS
FREE TRADE
FREE TRADE AGREEMENT
FUND MANAGERS
GENERAL COUNSEL
GLOBAL FINANCE
GOVERNMENT INTERVENTIONS
GOVERNMENT SUPPORT
HOME COUNTRIES
HOME COUNTRY
HOST COUNTRIES
HOST COUNTRY
HOST GOVERNMENT
HOST GOVERNMENTS
HOUSING
INCOME
INFRASTRUCTURE PROJECT
INFRASTRUCTURE PROJECTS
INSTRUMENT
INSURANCE
INSURANCE CORPORATION
INSURANCE LAW
INSURANCE MARKET
INSURANCE PROGRAM
INSURER
INSURERS
INTERNATIONAL ACCOUNTING
INTERNATIONAL BANK
INTERNATIONAL BANKS
INTERNATIONAL BUSINESS
INTERNATIONAL COURTS
INTERNATIONAL FINANCIAL INSTITUTION
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL INVESTMENT
INTERNATIONAL LAW
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
INVENTORY
INVESTING
INVESTMENT ACTIVITIES
INVESTMENT AGREEMENTS
INVESTMENT CORPORATION
INVESTMENT DISPUTES
INVESTMENT FLOWS
INVESTMENT INSURANCE
INVESTMENT OPPORTUNITIES
INVESTMENT PROCESS
INVESTMENT PROJECTS
ISLAMIC FINANCE
ISSUANCE
JOINT VENTURE
JUDGEMENT
JURISDICTION
LEGAL FRAMEWORK
LEGAL PROTECTION
LENDERS
LIQUIDITY
LOAN
LOAN AGREEMENTS
LOCAL CURRENCY
LOCAL INVESTOR
LOCAL INVESTORS
MANDATE
MULTILATERAL INVESTMENT GUARANTEE AGENCY
MULTINATIONAL CORPORATIONS
NATURAL RESOURCES
NEGOTIATION
NEGOTIATIONS
NEW MARKETS
NEW PRODUCTS
NONPAYMENT
NPV
OUTPUT
PENSION
PENSION FUND
POLITICAL CONSIDERATIONS
POLITICAL RISK
POLITICAL RISK INSURANCE
POLITICAL RISKS
PORTFOLIO
PORTFOLIO MANAGEMENT
PORTFOLIOS
PREMIUM INCOME
PRINCIPLE OF EQUALITY
PRIVATE INVESTMENT
PRIVATE INVESTOR
PRIVATE INVESTORS
PROMISSORY NOTES
PUBLIC DEBT
PUBLIC POLICY
RAPID GROWTH
RECIPIENT COUNTRY
REINSURANCE
REMEDIES
REMEDY
REPATRIATION
REPUDIATION
RESERVES
RETURN
RETURNS
RISK ASSESSMENTS
RISK MANAGEMENT
RISK MANAGEMENT TOOLS
RISK MANAGERS
RISK MITIGATION
RULES OF PROCEDURE
SECURITY INSTRUMENTS
SETTLEMENT
SETTLEMENTS
SHARE CAPITAL
SOUND INVESTMENTS
STATE LOANS
STATEMENTS
SUBJECT TO CALL
SUBROGATION
SUBSCRIPTION
SUBSCRIPTIONS
TAX
TAX SYSTEM
TECHNICAL ASSISTANCE
TRADE CREDIT
TRANSACTION
TRANSFER OF FUNDS
TRANSFER OWNERSHIP
TRANSFER RISK
TREATIES
TREATY
TRUST COMPANY
TRUST FUND
TRUSTEE
VALUATION
spellingShingle ABSTENTION
ACCOUNTING
ACCOUNTING PRINCIPLES
ADJUDICATION
ADMINISTRATIVE ACTIONS
ARBITRAGES
ARBITRAL AWARDS
ARBITRAL DECISION
ARBITRAL TRIBUNAL
ARBITRAL TRIBUNALS
ARBITRATION
ASSETS
BALANCE OF PAYMENTS
BANKING SYSTEMS
BANKRUPTCY
BOND
BOOK VALUE
BREACH OF CONTRACT
BROKERS
CAPITAL FLIGHT
CAPITAL FLOWS
CAPITAL GAINS
CASH FLOW
CASH FLOWS
CASH PAYMENT
CDS
CLAIM
CLAIMANTS
COMMODITY
COMMODITY PRICES
COMPETENT COURT
CONFLICTING CLAIMS
CONTRACTUAL ARRANGEMENTS
CONTRACTUAL OBLIGATIONS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE INVESTORS
COST OF CAPITAL
COUNTRY RISK
COURT OF APPEAL
CREDIBILITY
CREDIT AGENCY
CREDIT DEFAULT
CREDIT DEFAULT SWAP
CREDIT FLOWS
CREDITORS
CURRENCY
DEBT
DEBT INSTRUMENTS
DEBT OBLIGATION
DEPENDENT
DEVELOPING COUNTRIES
DEVELOPING MARKETS
DEVELOPMENT BANK
DIRECT ACCESS
DISPUTE RESOLUTION
DOMESTIC LAW
DOMESTIC LAWS
ECONOMIC DEVELOPMENT
ECONOMIC RIGHTS
ECONOMIC STRENGTH
EMERGING MARKETS
EQUITY INTERESTS
EVENT OF DEATH
EXCLUSIVE JURISDICTION
EXPORT CREDIT
EXPROPRIATION
FAIR MARKET VALUE
FINAL JUDGMENT
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL RESPONSIBILITY
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SYSTEM
FLOW OF INVESTMENTS
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN DIRECT INVESTMENTS
FOREIGN GOVERNMENTS
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FOREIGN INVESTOR
FOREIGN INVESTORS
FOREIGN LOANS
FOREIGN NATIONALS
FREE TRADE
FREE TRADE AGREEMENT
FUND MANAGERS
GENERAL COUNSEL
GLOBAL FINANCE
GOVERNMENT INTERVENTIONS
GOVERNMENT SUPPORT
HOME COUNTRIES
HOME COUNTRY
HOST COUNTRIES
HOST COUNTRY
HOST GOVERNMENT
HOST GOVERNMENTS
HOUSING
INCOME
INFRASTRUCTURE PROJECT
INFRASTRUCTURE PROJECTS
INSTRUMENT
INSURANCE
INSURANCE CORPORATION
INSURANCE LAW
INSURANCE MARKET
INSURANCE PROGRAM
INSURER
INSURERS
INTERNATIONAL ACCOUNTING
INTERNATIONAL BANK
INTERNATIONAL BANKS
INTERNATIONAL BUSINESS
INTERNATIONAL COURTS
INTERNATIONAL FINANCIAL INSTITUTION
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL INVESTMENT
INTERNATIONAL LAW
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
INVENTORY
INVESTING
INVESTMENT ACTIVITIES
INVESTMENT AGREEMENTS
INVESTMENT CORPORATION
INVESTMENT DISPUTES
INVESTMENT FLOWS
INVESTMENT INSURANCE
INVESTMENT OPPORTUNITIES
INVESTMENT PROCESS
INVESTMENT PROJECTS
ISLAMIC FINANCE
ISSUANCE
JOINT VENTURE
JUDGEMENT
JURISDICTION
LEGAL FRAMEWORK
LEGAL PROTECTION
LENDERS
LIQUIDITY
LOAN
LOAN AGREEMENTS
LOCAL CURRENCY
LOCAL INVESTOR
LOCAL INVESTORS
MANDATE
MULTILATERAL INVESTMENT GUARANTEE AGENCY
MULTINATIONAL CORPORATIONS
NATURAL RESOURCES
NEGOTIATION
NEGOTIATIONS
NEW MARKETS
NEW PRODUCTS
NONPAYMENT
NPV
OUTPUT
PENSION
PENSION FUND
POLITICAL CONSIDERATIONS
POLITICAL RISK
POLITICAL RISK INSURANCE
POLITICAL RISKS
PORTFOLIO
PORTFOLIO MANAGEMENT
PORTFOLIOS
PREMIUM INCOME
PRINCIPLE OF EQUALITY
PRIVATE INVESTMENT
PRIVATE INVESTOR
PRIVATE INVESTORS
PROMISSORY NOTES
PUBLIC DEBT
PUBLIC POLICY
RAPID GROWTH
RECIPIENT COUNTRY
REINSURANCE
REMEDIES
REMEDY
REPATRIATION
REPUDIATION
RESERVES
RETURN
RETURNS
RISK ASSESSMENTS
RISK MANAGEMENT
RISK MANAGEMENT TOOLS
RISK MANAGERS
RISK MITIGATION
RULES OF PROCEDURE
SECURITY INSTRUMENTS
SETTLEMENT
SETTLEMENTS
SHARE CAPITAL
SOUND INVESTMENTS
STATE LOANS
STATEMENTS
SUBJECT TO CALL
SUBROGATION
SUBSCRIPTION
SUBSCRIPTIONS
TAX
TAX SYSTEM
TECHNICAL ASSISTANCE
TRADE CREDIT
TRANSACTION
TRANSFER OF FUNDS
TRANSFER OWNERSHIP
TRANSFER RISK
TREATIES
TREATY
TRUST COMPANY
TRUST FUND
TRUSTEE
VALUATION
Lu, Kevin W.
Verheyen, Gero
Perera, Srilal M.
Investing with Confidence : Understanding Political Risk Management in the 21st Century
description "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.
author2 Lu, Kevin W.
author_facet Lu, Kevin W.
Lu, Kevin W.
Verheyen, Gero
Perera, Srilal M.
format Publications & Research :: Publication
author Lu, Kevin W.
Verheyen, Gero
Perera, Srilal M.
author_sort Lu, Kevin W.
title Investing with Confidence : Understanding Political Risk Management in the 21st Century
title_short Investing with Confidence : Understanding Political Risk Management in the 21st Century
title_full Investing with Confidence : Understanding Political Risk Management in the 21st Century
title_fullStr Investing with Confidence : Understanding Political Risk Management in the 21st Century
title_full_unstemmed Investing with Confidence : Understanding Political Risk Management in the 21st Century
title_sort investing with confidence : understanding political risk management in the 21st century
publisher World Bank
publishDate 2012
url 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
_version_ 1764385804202803200
spelling okr-10986-26782021-04-23T14:02:03Z Investing with Confidence : Understanding Political Risk Management in the 21st Century Lu, Kevin W. Verheyen, Gero Perera, Srilal M. Lu, Kevin W. Verheyen, Gero Perera, Srilal M. ABSTENTION ACCOUNTING ACCOUNTING PRINCIPLES ADJUDICATION ADMINISTRATIVE ACTIONS ARBITRAGES ARBITRAL AWARDS ARBITRAL DECISION ARBITRAL TRIBUNAL ARBITRAL TRIBUNALS ARBITRATION ASSETS BALANCE OF PAYMENTS BANKING SYSTEMS BANKRUPTCY BOND BOOK VALUE BREACH OF CONTRACT BROKERS CAPITAL FLIGHT CAPITAL FLOWS CAPITAL GAINS CASH FLOW CASH FLOWS CASH PAYMENT CDS CLAIM CLAIMANTS COMMODITY COMMODITY PRICES COMPETENT COURT CONFLICTING CLAIMS CONTRACTUAL ARRANGEMENTS CONTRACTUAL OBLIGATIONS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE INVESTORS COST OF CAPITAL COUNTRY RISK COURT OF APPEAL CREDIBILITY CREDIT AGENCY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT FLOWS CREDITORS CURRENCY DEBT DEBT INSTRUMENTS DEBT OBLIGATION DEPENDENT DEVELOPING COUNTRIES DEVELOPING MARKETS DEVELOPMENT BANK DIRECT ACCESS DISPUTE RESOLUTION DOMESTIC LAW DOMESTIC LAWS ECONOMIC DEVELOPMENT ECONOMIC RIGHTS ECONOMIC STRENGTH EMERGING MARKETS EQUITY INTERESTS EVENT OF DEATH EXCLUSIVE JURISDICTION EXPORT CREDIT EXPROPRIATION FAIR MARKET VALUE FINAL JUDGMENT FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL RESPONSIBILITY FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SYSTEM FLOW OF INVESTMENTS FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN GOVERNMENTS FOREIGN INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN LOANS FOREIGN NATIONALS FREE TRADE FREE TRADE AGREEMENT FUND MANAGERS GENERAL COUNSEL GLOBAL FINANCE GOVERNMENT INTERVENTIONS GOVERNMENT SUPPORT HOME COUNTRIES HOME COUNTRY HOST COUNTRIES HOST COUNTRY HOST GOVERNMENT HOST GOVERNMENTS HOUSING INCOME INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INSTRUMENT INSURANCE INSURANCE CORPORATION INSURANCE LAW INSURANCE MARKET INSURANCE PROGRAM INSURER INSURERS INTERNATIONAL ACCOUNTING INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL BUSINESS INTERNATIONAL COURTS INTERNATIONAL FINANCIAL INSTITUTION INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL INVESTMENT INTERNATIONAL LAW INTERNATIONAL TRADE INTERNATIONAL TRADE LAW INVENTORY INVESTING INVESTMENT ACTIVITIES INVESTMENT AGREEMENTS INVESTMENT CORPORATION INVESTMENT DISPUTES INVESTMENT FLOWS INVESTMENT INSURANCE INVESTMENT OPPORTUNITIES INVESTMENT PROCESS INVESTMENT PROJECTS ISLAMIC FINANCE ISSUANCE JOINT VENTURE JUDGEMENT JURISDICTION LEGAL FRAMEWORK LEGAL PROTECTION LENDERS LIQUIDITY LOAN LOAN AGREEMENTS LOCAL CURRENCY LOCAL INVESTOR LOCAL INVESTORS MANDATE MULTILATERAL INVESTMENT GUARANTEE AGENCY MULTINATIONAL CORPORATIONS NATURAL RESOURCES NEGOTIATION NEGOTIATIONS NEW MARKETS NEW PRODUCTS NONPAYMENT NPV OUTPUT PENSION PENSION FUND POLITICAL CONSIDERATIONS POLITICAL RISK POLITICAL RISK INSURANCE POLITICAL RISKS PORTFOLIO PORTFOLIO MANAGEMENT PORTFOLIOS PREMIUM INCOME PRINCIPLE OF EQUALITY PRIVATE INVESTMENT PRIVATE INVESTOR PRIVATE INVESTORS PROMISSORY NOTES PUBLIC DEBT PUBLIC POLICY RAPID GROWTH RECIPIENT COUNTRY REINSURANCE REMEDIES REMEDY REPATRIATION REPUDIATION RESERVES RETURN RETURNS RISK ASSESSMENTS RISK MANAGEMENT RISK MANAGEMENT TOOLS RISK MANAGERS RISK MITIGATION RULES OF PROCEDURE SECURITY INSTRUMENTS SETTLEMENT SETTLEMENTS SHARE CAPITAL SOUND INVESTMENTS STATE LOANS STATEMENTS SUBJECT TO CALL SUBROGATION SUBSCRIPTION SUBSCRIPTIONS TAX TAX SYSTEM TECHNICAL ASSISTANCE TRADE CREDIT TRANSACTION TRANSFER OF FUNDS TRANSFER OWNERSHIP TRANSFER RISK TREATIES TREATY TRUST COMPANY TRUST FUND TRUSTEE VALUATION "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. 2012-03-19T10:04:37Z 2012-03-19T10:04:37Z 2009 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 978-0-8213-7893-9 http://hdl.handle.net/10986/2678 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication