Dangerous Commerce: Insurance and the Management of International RiskCornell University Press, 1997 - 205 sivua As businesses search increasingly for opportunities beyond their national borders, they face the risk that political change in other countries will jeopardize their efforts. Anything from minor shifts in regulations to sudden revolutions can threaten business investment, trade, and credit. Virginia Haufler shows that a crucial factor in the expansion of global markets has been the private sector's creation of a sophisticated insurance industry to redistribute the risks entailed in foreign commerce, a privately constructed safety net for international transactions. Haufler believes that the network of relationships and institutions established by the insurers constituted a privately led regime for the management of international risk. She analyzes political risks insurance during three periods of substantial uncertainty: the era from the turn of the century to the beginning of World War I, when British global power began to wane; the interwar years, leading up to the collapse of world trade and a second world war; and the "debt crisis" decade of the 1980s. Public and private involvement in supplying insurance against international risks has varied depending on demand, the availability of resources, and the norms of what can be insured. As the scale and complexity of risks have expanded, Haufler suggests, responsibility has shifted from commercial insurers first to the state and now to multilateral institutions. |
Sisältö
Insurance Regime 18701914 | 28 |
Testing the Limits of Private Protection 19171939 | 60 |
Redefining Risk and Responsibility 19791989 | 89 |
The Infrastructure of Global Capitalism | 125 |
Muita painoksia - Näytä kaikki
Dangerous Commerce: Insurance and the Management of International Risk Virginia Haufler Rajoitettu esikatselu - 2019 |
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activity agreement American ance began Britain British government Cambridge University Press capital cartel changes CIGNA claims commercial insurers Committee competition conflict Cooperation Cornell University corporations cover coverage credit and insurance customers debate debt crisis despite developing countries ECGD economic established Eximbank expanded export credit insurance firms global Hegemonic Stability Theory increased institutions insurance business insurance companies insurance contracts insurance industry insurance market international insurance International Organization International Regimes international risks insurance investment guarantees investors Kobrin land war risks limited Lipson Lloyd's of London Lloyd's underwriters losses marine insurance ment MIGA moral hazard Multinational negotiations oligopoly OPIC overseas participants Political Economy political risks insurance premium private insurers private regime private sector profits programs protection public and private rates reinsurance risks insurance regime role Russia Soviet strategy Susan Strange tion tional transactions underwriters United war risks insurance World Bank World Politics York
Viitteet tähän teokseen
A Public Role for the Private Sector: Industry Self-Regulation in a Global ... Virginia Haufler Rajoitettu esikatselu - 2013 |
International Political Economy: An Intellectual History Benjamin J. Cohen Rajoitettu esikatselu - 2008 |