FT - MIGA Summit: Managing Global Political Risk
 
Agenda
05/12/2013
08:30 - 09:00Registration and breakfast
09:00 - 09:05Chair's opening remarks

Martin Sandbu, Economics Leader Writer, Financial Times

09:05 - 09:10Summit welcome address

Keiko Honda, Executive Vice President, Multilateral Investment Guarantee Agency (MIGA)

09:10 - 09:40MIGA Report: World investment and political risk

Conor Healy, Senior Risk Management Officer, Multilateral Investment Guarantee Agency (MIGA)

09:40 - 10:30Panel Discussion: Global economic outlook and investment opportunities

  • Five years since the onset of the financial crisis, what risks are still present for the global economy and how are they influencing political risks?
  • International corporate investors continue to be upbeat about longer term prospects and opportunities in emerging and developing countries. What possible scenarios could change this view?
  • How are protests in emerging democracies affecting currency depreciation and other market conditions? And how are they influencing government positions?
  • There has been a resurgence of resource nationalism and contract renegotiations or breaching in infrastructure and PPP deals. How is this phenomenon affecting investment in developing countries? And will this lead to further economic uncertainty in emerging regions?

Moderator: Martin Sandbu, Economics Leader Writer, Financial Times

Andrew Burns, Lead Economist and Manager, Global Macroeconomic Team, Development Prospects Group, The World Bank
Tina Fordham
, Managing Director, Senior Global Political Analyst, Citi Research
Katerina Fytatzi, Political Risk Analyst, Oxford Analytica
Yves Zlotowski
, Chief Economist, Coface

10:30 - 11:00Networking break
11:00 - 11:55Panel Discussion: Mitigating political risk-avoiding breach

  • What factors and motivations trigger breach events and lead to resource nationalism and contract renegotiation, and how can investors plan ahead for changing and uncertain regimes?
  • What can governments do to avoid alienating international capital and to ease investor concerns about breach of contract situations?
  • How can investors position themselves as strategic partners to a host country’s infrastructure, economic and social development in order to protect their interests and mitigate risks?
  • How does one create a transparent and equitable environment which balances the needs of investors, host countries and their communities?
Moderator: Ravi Vish, Director and Chief Economist, MIGA

Will Pearson, Director, Global Energy and Natural Resources, Eurasia Group
Sophie Nappert, Independent Arbitrator and Solicitor, Supreme Court of England and Wales
Jan Martin Witte, Senior Project Manager, Energy + Environment Africa (LAd4), KfW Entwicklungsbank

11:55 - 12:45Panel Discussion: Creative accessing of capital markets

  • Hungary Exim Bank recent groundbreaking bond issue  - why issuers are looking at the multilateral bond wrap
  • Structuring challenges and solutions
  • A new asset class? Views from the trading desk
  • What does the future hold for this type of transaction?
Moderator: Olga Sclovscaia, Finance Sector Manager, MIGA

David Cardoso, Rates & Credit Trading, Deutsche Bank
Daniel Markaity, Managing Director, Jefferies
Lynn Maxwell, Managing Director, Structured Finance, HSBC Bank
Roland NátránChief Executive OfficerHungarian Export-Import Bank (Eximbank) and Hungarian Export Credit Insurance (MEHIB)

12:45 - 12:50Chair's closing remarks
12:50 - 14:00Lunch