Greening political risk: transnational advocacy networks and the World Bank Group

Park, Susan 2005, Greening political risk: transnational advocacy networks and the World Bank Group, in American Political Science Association Annual Meeting, American Political Science Association, Washington, DC, pp. 1-22.

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Title Greening political risk: transnational advocacy networks and the World Bank Group
Author(s) Park, Susan
Conference name American Political Science Association (2005 : Washington, DC)
Conference location Washington DC, USA
Conference dates 1-4 September 2005
Title of proceedings American Political Science Association Annual Meeting
Editor(s) [Unknown]
Publication date 2005
Conference series American Political Science Association Meeting
Start page 1
End page 22
Publisher American Political Science Association
Place of publication Washington, DC
Keyword(s) political risk
transnational advocacy networks
the world bank group
Summary Significant increases in direct private investment in developing countries in recent decades have also led to increased interest in political risk insurance. Of importance to transnational advocacy networks are the environmental and social impacts of guaranteeing loans for private sector projects in developing countries with weak or no social or environmental safeguards. This article examines how transnational advocacy networks have attempted to influence political risk insurers to become sustainable development guarantors through a case study of the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA). Analyzing how advocacy networks influenced MIGA’s projects, policies, and accountability institutions enables greater understanding of how to ‘politicize finance.’ It also assesses the likelihood of shaping political risk insurance identities to become sustainable development guarantors. The outcomes of such an analysis however, question the extent to which politicizing finance necessarily leads to further greening of the international development lending process.
Language eng
Field of Research 160607 International Relations
HERDC Research category E1 Full written paper - refereed
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