FT - MIGA Summit: Managing Global Political Risk
 
6 December 2012
08:00 - 09:00Registration and Breakfast
09:00 - 09:05Chair's Opening Remarks
Martin Sandbu, Economics Leader Writer, Financial Times
09:05 - 09:10Summit Introduction
Izumi Kobayashi, Executive Vice President, Multilateral Investment Guarantee Agency (MIGA)
09:10 - 09:45Introduction: Sovereign risk and the political economy
Martin Sandbu, Economics Leader Writer, Financial Times
09:45 - 10:45Panel Discussion: Sovereign risk and the political economy
Lee Howell, Managing Director and Head of the Risk Response Network, World Economic Forum
Véronique Kessler, Principal Economist / Credit Risk Head, The World Bank
Jürgen Michels, Senior Economist, Citi
Jan Randolph, Director of Sovereign Risk, Economics and Country Risk, IHS Global Insight

Moderator: Martin Sandbu, Economics Leader Writer, Financial Times

  • How does stress on sovereign credit risks affect the broader political economy?
  • How does sovereign risk relate to different types of political risk?
  • Does sovereign risk necessarily result in elevated political risk when economic and financial market
  • conditions become more difficult in a country?
  • What steps must leaders take to restore confidence from a political risk perspective?
10:45 - 11:15Networking Break
11:15 - 11:30MIGA Report: World Investment and Political Risk
Conor Healy, Senior Risk Management Officer, Multilateral Investment Guarantee Agency (MIGA)
11:30 - 12:30
Panel Discussion: Implications of sovereign risk
Joseph C Brandt, President and CEO, ContourGlobal
Peter Jones, Secretary-General, Berne Union
Dr Lauren M Phillips, Lecturer, International Political Economy, Department of International Relations, London School of Economics
Simon Quijano-Evans, Chief Economist, EMEA, ING Bank
Simon Sole, CEO, Exclusive Analysis

Moderator: Edith P Quintrell, Director of the Operations Group, Multilateral Investment Guarantee Agency (MIGA)

  • How are country downgrades, the deepening eurozone fiscal crisis, and sovereign debt challenges in advanced economies affecting emerging markets’ FDI prospects?
  • Will interventionist government policies replace the more liberal economic and financial reforms adopted so far, and what does it mean for investors?
  • How easy is it to assess that a government will not meet its debt obligations in light of rising public pressure and civil disturbance caused by severe fiscal austerity plans?
12:30 - 12:40Chair's Closing Remarks
Martin Sandbu, Economics Leader Writer, Financial Times
12:40 - 14:00Lunch