MIGA and Foreign Investment : : Origins, Operations, Policies and Basic Documents of the Multilateral Investment Guarantee Agency.
Saved in:
: | |
---|---|
Place / Publishing House: | Boston : : BRILL,, 1987. ©1987. |
Year of Publication: | 1987 |
Edition: | 1st ed. |
Language: | English |
Physical Description: | 1 online resource (556 pages) |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
LEADER | 09864nam a22004093i 4500 | ||
---|---|---|---|
001 | 993629776704498 | ||
005 | 20240323060214.0 | ||
006 | m o d | | ||
007 | cr cnu|||||||| | ||
008 | 240323s1987 xx o ||||0 eng d | ||
020 | |a 90-04-63579-3 | ||
035 | |a (CKB)5580000000696858 | ||
035 | |a (MiAaPQ)EBC31217198 | ||
035 | |a (Au-PeEL)EBL31217198 | ||
035 | |a (EXLCZ)995580000000696858 | ||
040 | |a MiAaPQ |b eng |e rda |e pn |c MiAaPQ |d MiAaPQ | ||
082 | 0 | |a 341.7/52/091724 | |
100 | 1 | |a Shihata, Ibrahim F. I. | |
245 | 1 | 0 | |a MIGA and Foreign Investment : |b Origins, Operations, Policies and Basic Documents of the Multilateral Investment Guarantee Agency. |
250 | |a 1st ed. | ||
264 | 1 | |a Boston : |b BRILL, |c 1987. | |
264 | 4 | |c ©1987. | |
300 | |a 1 online resource (556 pages) | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
588 | |a Description based on publisher supplied metadata and other sources. | ||
505 | 0 | |a Intro -- Title Page -- Copyright Page -- Dedication -- Foreword -- Table of Contents -- Introductory Chapter: ENCOURAGING THE FLOW OF FOREIGN INVESTMENT - THE RELEVANCE OF A MULTILATERAL AGENCY -- I. Determinant Factors of the Volume and Impact of Foreign Investment in Developing Countries -- II. The Investment Climate -- A. Institutional and Policy Aspects -- B. Infrastructural Aspects -- C. Legal Aspects -- D. Political Risk Perceptions -- III. Relevance of a Global Agency for Investment Insurance and Promotion -- IV. Conclusion -- Notes -- PART ONE: THE MAKING OF MIGA: A CASE STUDY OF THE PREPARATION AND ACCEPTANCE OF A MULTILATERAL FINANCIAL CONVENTION -- Chapter One: EARLY HISTORY - THE WORLD BANK'S INVOLVEMENT PRIOR TO MID-1983 -- I. The Earliest Proposals -- II. The 1962 Study and its Impact -- III. The 1966 Draft Articles: IIIA-1 -- IV. The 1968 Draft Articles: IIIA-2 -- V. The 1972 Draft Articles: IIIA-3 -- VI. The Clausen Initiative and the MIIA Outline -- VII. The Seven Staff Studies of 1983 -- VIII. Conclusion -- Notes -- Chapter Two: THE MAKING OF MIGA - A PERSONAL ACCOUNT -- I. Introduction - Personal Background -- II. Devising a Strategy -- III. Formulating a New Proposal -- A. A Broad Objective and Two Basic Functions -- B. A Dual Financing System -- C. A Broader Scope of Coverage -- D. Relationship with Existing Investment Insurance Agencies -- E. A More Acceptable Treatment of Institutional Issues: Linkage with the Bank -- Control of the Agency -- F. Settlement of Disputes -- IV. Mobilizing Support -- V. Choosing the Forum (for Finalization of the Text of the Convention) -- VI. Improving the Chances of Reaching Agreement -- VII. Working Methods -- A. A Credible Secretariat -- B. A Drafting Team -- C. Reference to a Future Preparatory Committee -- D. Referral of Certain Issues to Smaller Groups -- E. Role of the Chairman. | |
505 | 8 | |a F. Drawing on Experts in Specialized Fields -- G. Acting Within a Tight Working Schedule -- VIII. Reaching Consensus -- IX. Concluding Steps -- Notes -- PART TWO: MIGA'S OPERATIONS: LEGAL AND POLICY ASPECTS OF MIGA'S GUARANTEE OPERATIONS AND OTHER SERVICES -- Chapter Three: ELIGIBILITY REQUIREMENTS OF MIGA's GUARANTEE -- I. Introduction -- II. Eligible Investments -- A. Type and Form of Investment -- 1. Equity Investment -- 2. Equity Type Loans and Guarantees -- 3. Contractual Direct Investment -- 4. Export Credits -- 5. Other Forms of Foreign Investment -- 6. Investment in Kind -- B. Time of the Investment -- III. Eligible Investors and Host Countries -- A. Eligible Investors -- 1. Nature of the Investor -- 2. Nationality of the Investor -- 3. Ownership and Mode of Operations -- B. Eligible Host Countries -- IV. Eligible Risks -- A. Currency Transfer Risk -- B. The Risk of Expropriation and Similar Measures -- 1. Scope of Coverage -- 2. Exclusions from the Expropriation Risk -- 3. Covered Interests -- 4. Effect of Covered Measures -- C. Breach of Contract -- 1. Justification of Coverage -- 2. Restrictions on Coverage -- D. War and Civil Disturbance Risk -- 1. Military Action -- 2. Civil Disturbance -- 3. Place of Covered Events -- 4. Covered Losses -- E. Other Non-Commercial Risks -- Relationship between Coverages -- Notes -- Chapter Four: ADMINISTRATION OF GUARANTEE CONTRACTS: UNDERWRITING, CLAIMS, SUBROGATION AND RECOUPMENT -- I. Introduction -- II. Underwriting - The Process and Conditions of the Issuance of Guarantees -- A. Limits of Guarantee Capacity -- 1. Overall Limitation -- 2. Guarantees of Sponsored Investment -- B. Allocation of Guarantee Capacity -- 1. Specific Allocations of Guarantee Capacity -- 2. Portfolio Diversification -- C. Amount of Guarantee -- D. Project Assessment -- E. Risk Assessment. | |
505 | 8 | |a 1. Relevant Factors: Project Specific and Country Specific Factors -- 2. Enhancement of Risk Profile -- 3. Coinsurance and Reinsurance -- F. Premiums and Fees -- 1. Premiums -- 2. Fees -- G. Required Approvals - Host Country Approval and Approval of Contracts of Guarantee -- 1. Host Country Approval -- 2. Contract Approval -- H. Interaction in the Underwriting Process -- III. Claims Administration -- A. Prescribed Procedures -- B. Valuation of the Loss -- C. Loss Avoidance and Minimization -- IV. Subrogation and Recoupment -- Notes -- Chapter Five: MIGA'S NON-GUARANTEE OPERATIONS -- I. Introduction -- II. The Need for a Comprehensive Promotional Approach - Complementarity between Guarantees and Other Activities of MIGA -- A. Role of Other Agencies -- B. Complementarity of MIGA's Operations -- III. Elements and Funding of MIGA's Comprehensive Promotional Approach -- A. Types of Non-Guarantee Services -- 1. Research -- 2. Information -- 3. Technical Assistance -- 4. Policy Consultations and Advice -- B. Funding of Non-Guarantee Services -- IV. MIGA's Incidental Powers -- V. Conclusion -- Notes -- PART THREE: POLICY AND INSTITUTIONAL ISSUES -- Chapter Six: MIGA AND THE STANDARDS APPLICABLE TO FOREIGN INVESTMENTS -- I. Introduction -- II. Treatment of the Standards Issue in the MIGA Convention -- A. Preamble of the Convention -- B. Article 12(d): Satisfactory Standards as a Prerequisite for MIGA's Guarantees -- 1. Conditions Related to the Investment -- 2. Conditions Related to the Investment Environment in the Host Countries -- C. Article 23(b): MIGA's Role in the Promotion of Satisfactory Standards -- III. Treatment of the Standards Issue in the Regulations -- A. The Specific Investment -- 1. The Requirement that the Investment be Economically Sound -- 2. The Requirement that the Investment Contribute to the Development of the Host Country. | |
505 | 8 | |a B. Host Country Investment Conditions -- IV. "Consistency with International Law" as the Test of Adequacy of the Law and Practice of the Host Country in the Absence of an Applicable Bilateral Investment Treaty -- A. The Traditional View -- B. U.N. Resolutions -- C. A Treaty-Based Customary Law? -- D. International Case Law -- E. Comparative Domestic Law Practice -- F. Recent Attempts at "Codification" -- G. MIGA's Proposed Approach -- V. Conclusion -- Notes -- Chapter Seven: MIGA AND THE SETTLEMENT OF DISPUTES -- I. Introduction -- II. Disputes Regarding the Interpretation and Application of the Convention -- III. Disputes Resulting from Subrogation -- A. Drafting History -- B. Rationale -- C. Operational Issues -- 1. Conciliation and Arbitration -- 2. Other Methods -- IV. Other Disputes with Members and Disputes with States which have Ceased to be Members -- V. Disputes Arising Under a Guarantee (or Reinsurance) Contract -- A. Arbitration Proceedings -- B. Applicable Law -- VI. Disputes between the Agency and Third Parties Other than Those Already Mentioned -- VII. Disputes Between a Holder of the Agency's Guarantee and a Host Government -- A. The Agency's Contribution to Avoidance of Investment Disputes -- B. The Agency's Role in the Amicable Settlement of Disputes -- VIII. Conclusion -- Notes -- Chapter Eight: MIGA'S ORGANIZATION AND VOTING STRUCTURE -- I. Introduction -- II. Organization and Management of MIGA -- A. The Governing Bodies (the Council and the Board) -- B. The Board/Management Relationship -- C. Powers of MIGA's President -- 1. Distinct Provisions of the MIGA Convention -- 2. Differentiating Facts -- D. Selection of MIGA's Chief Operating Officer -- Linkage with the World Bank and IFC -- III. The Voting Structure in MIGA's Board and Council -- A. Voting Patterns in International Financial Institutions: An Overview. | |
505 | 8 | |a B. History of the Voting Structure Proposed for MIGA -- 1. Early Drafts -- 2. The 1983 Staff Study -- 3. The Quest for Parity - The 1984 Proposal -- 4. The Debate over the March 1985 Draft - A Compromise in the Making -- 5. The Innovative Outcome -- C. Critique of Article 39 as Adopted -- APPENDICES -- Appendix 1 - Main Features of a Proposed Multilateral Investment Guarantee Scheme, April 30, 1984 -- Appendix 2 - Convention Establishing the Multilateral Investment Guarantee Agency -- Appendix 3 - Commentary on the Convention -- Appendix 4 - Draft Rules and Regulations -- A - Draft By-Laws -- B - Draft Rules of Procedure -- C - Draft Financial Regulations -- D - Draft Operational Regulations -- Appendix 5 - Draft Application Forms -- Appendix 6 - Selected Bibliography on the Guarantee of Investment Against Non-Commercial Risks -- Index -- Principal Publications of the Author. | |
776 | |z 0-89838-903-8 | ||
906 | |a BOOK | ||
ADM | |b 2024-03-24 00:45:12 Europe/Vienna |f system |c marc21 |a 2023-11-04 21:54:34 Europe/Vienna |g false | ||
AVE | |i Brill |P EBA Brill All |x https://eu02.alma.exlibrisgroup.com/view/uresolver/43ACC_OEAW/openurl?u.ignore_date_coverage=true&portfolio_pid=5350662800004498&Force_direct=true |Z 5350662800004498 |b Available |8 5350662800004498 |