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Political risk insurance and bilateral investment treaties: a view from below

Poulsen, L; (2010) Political risk insurance and bilateral investment treaties: a view from below. Columbia FDI Perspectives , 27 Green open access

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Abstract

Many of the risks covered by bilateral investment treaties (BITs) are also covered by political risk insurance (PRI). Although there are important differences between PRI and BITs, both in terms of coverage and underlying purpose, the considerable overlap between the two instruments suggest that PRI providers should take BITs into account when assessing the risk of investment projects. But while the relationship between BITs and PRI has often been alleged to be considerable, in practice there is practically no publicly available evidence to sustain this assumption. This Perspective reviews evidence from a recent survey of officials in private and public (or mixed private/public) PRI providers.

Type: Article
Title: Political risk insurance and bilateral investment treaties: a view from below
Open access status: An open access version is available from UCL Discovery
Publisher version: http://ccsi.columbia.edu/files/2014/01/FDI_27.pdf
Language: English
Additional information: Lauge Skovgaard Poulsen, ‘Political risk insurance and bilateral investment treaties: a view from below,’ Columbia FDI Perspectives, No. 27, August 2, 2010. Reprinted with permission from the Vale Columbia Center on Sustainable International Investment (www.vcc.columbia.edu).
URI: https://discovery.ucl.ac.uk/id/eprint/1471857
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