Author's Keywords: Political Risk Foreign Direct Investment	Convention Convention is an application service for managing large or small academic conferences, annual meetings, and other types of events! Submission - Custom fields, multiple submission types, tracks, audio visual, multiple upload formats, automatic conversion to pdf. Review - Peer Review, Bulk reviewer assignment, bulk emails, ranking, z-score statistics, and multiple worksheets! Reports - Many standard and custom reports generated while you wait. Print programs with participant indexes, event grids, and more! Scheduling - Flexible and convenient grid scheduling within rooms and buildings. Conflict checking and advanced filtering. Communication - Bulk email tools to help your administrators send reminders and responses. Use form letters, a message center, and much more! Management - Search tools, duplicate people management, editing tools, submission transfers, many tools to manage a variety of conference management headaches! Click here for more information.
Association: Name: International Studies Association URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p73007_index.html Direct Link: HTML Code:

Michaud, Dennis. "Political Risk and Foreign Direct Investment: The Impact of Transparent State Policy Formation on the Pricing of Political Risk Coverage." Paper presented at the annual meeting of the International Studies Association, Le Centre Sheraton Hotel, Montreal, Quebec, Canada, Mar 17, 2004 <Not Available>. 2008-10-10 <http://www.allacademic.com/meta/p73007_index.html>

Michaud, D. W. , 2004-03-17 "Political Risk and Foreign Direct Investment: The Impact of Transparent State Policy Formation on the Pricing of Political Risk Coverage." Paper presented at the annual meeting of the International Studies Association, Le Centre Sheraton Hotel, Montreal, Quebec, Canada Online <.PDF>. 2008-10-10 from http://www.allacademic.com/meta/p73007_index.html

Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: The nexus of foreign direct investment and economic growth in developing economies is incorporated into neoclassical economic theory. The necessity (but insufficiency) of economic growth to facilitate political development has been discussed at length by Rueschemeyer, Stephens and Stephens (1992), Amsden (1992, 2000), and Evans (1995). This paper is a development of an ongoing research project that seeks to explain the decision process utilized by executives of transnational corporations and lending institutions when undertaking investment decisions in the developing states with immature government institutions. The author has conducted interviews with the management of integrated global energy firms, international lending institutions, and the major commercial underwriters of political risk coverage. This paper will utilize a holistic level of analysis model to explain how these non-state actors evaluate political risk Further I will illustrate how these actors perceptions of political risk impacts directly the cost of political risk coverage, and the foreign direct investment decision process. I utilize a holistic analysis of the investment decision process and political risk coverage pricing related to the Baku-Tiblisi-Cehyan (Caspian) oil pipeline project. This project is an interesting test of the author's theoretical models given the dynamic interaction of multiple actors having conflicting interests at various levels of state and corporate policy formation. Transparency in the process of state policy formation will be shown to be a key causal variable in explaining FDI. Given that the Caspian states are high absorbers, the construction of the pipeline to facilitate economic and political development is critical. I believe that the study of the relationship of political risk insurance to Foreign Direct Investment needs to be given voice. I make this argument from a philosophy of science perspective (Ragin 1994).

Russia, China and the Energy Security Politics of the Caspian Sea Region after the Cold War

Transnational Structuring in Post-Soviet Energy Politics: The Roles of States and Firms