International Political Risk Management

International Political Risk Management, Volume IV: Needs of the Present, Challenges for the Future is the latest book in a series based on the MIGA-Georgetown University Symposium on International Political Risk Management. This series offers leading-edge assessments of international political risk management from 16 experts working in academia, fi nance, insurance, international investment, and law.Contributors to this volume consider some needed developments in the political risk insurance industry, lessons in structuring future private power projects in emerging markets, the challenges of managing regulatory risk, and the state of the international investment insurance market in 2010. First to be examined are the possible development of bilateral investment treaty-based arbitral award coverage and the necessity of convergence in the terrorism and political risk insurance markets. The focus then turns to lessons from financing private power projects in emerging markets over the last decade to structuring new projects; “new” versus “old” models for fi nancing and risk management are compared. Three detailed papers address the challenge of managing regulatory risk from a variety of legal perspectives. International Political Risk Management concludes with multiple perspectives on how the political risk investment insurance industry is likely to change and where it will be in 2010. The book will be of interest to policy makers, academics, and others working in the industry.