Going Undercover: The Paradox of Political Risk Insurance
Political risk insurance is an insurance product sold to firms as a means to protect them against some political risks associated with investing abroad. This paper argues that political risk insurance may in fact be a source of political risk. Looking at cases in the Asia-Pacific region, we argue that investing firms should exercise caution when considering political risk insurance. We conclude with several recommendations for reform of the political risk insurance industry.
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Volume (Year): 5 (2011)
Issue (Month): 2 (July)
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Theodore Moran & Gerald T. West, 2005. "International Political Risk Management : Looking to the Future," World Bank Publications, The World Bank, number 7430, July.
- Kobrin, Stephen J., 1980. "Foreign enterprise and forced divestment in LDCs," International Organization, Cambridge University Press, vol. 34(01), pages 65-88, December.
- Theodore H. Moran & Gerald T. West & Keith Martin, 2007. "International Political Risk Management : Needs of the Present, Challenges for the Future," World Bank Publications, The World Bank, number 6814, July.
- Theodore H. Moran, 2004. "International Political Risk Management : The Brave New World," World Bank Publications, The World Bank, number 15039, July.
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