The 1980s and 1990s brought new protections to foreign investors in risky countries. Yet, the assurances failed to meet investors needs, imposed sometimes inordinate costs on poor countries, and widely rankled nationalistic sensibilities. The book's case histories suggest reforms for international arbitration and official investment insurance and offer lessons for managers who want to make their investments more secure.
Readership: Business managers who make decisions about investing abroad; officials in multilateral institutions, and other government officials in industrialized countries concerned with development.
Louis T. Wells, Herbert F. Johnson Professor of International Management, Harvard Business School, and Rafiq Ahmed, Exxon Corporation
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