Given the inconvertibility
of 1885, the public was unwilling to deposit gold back into the banks.
broad areas of political risk: currency inconvertibility
Repatriation restrictions: The specific problem of inconvertibility
appears as one of the variables of direct concern in the PRS template.
During the seven lean years of inconvertibility
, 1996-2003, bureaucratic controls impaired Uzbekistan's economy.
The first objective of this negotiation, once you identify and engage the stakeholders, is to reestablish the communication that has been blocked by what we've just discussed--the win-lose assumption, the inconvertibility
of differing cultures, and some people's singular definition of the problem.
These include currency inconvertibility
, expropriation, and political violence, Id.
It also offers political risk insurance that protects against expropriation, political violence and inconvertibility
We believe China will not be able to achieve any kind of landing (neither soft nor hard) in the next year or two for three reasons: the absence of swift policy responses to rising economic problems; the heightening investment incentive ahead of major political events; and the inconvertibility
of the capital account lengthens the duration of the bubble.
Companies buy PRI to protect themselves against a number of potential risks including asset expropriation, currency inconvertibility
, political violence, contract repudiation, licence cancellation, wrongful calling of guarantees and non-delivery by foreign suppliers (pp.
could potentially play an important role in providing investment guarantees for investors and lenders involved in making direct investments in Iraq, covering the risk of expropriation, currency transfer restriction and inconvertibility
, war and civil disturbance, and breach of contract.
Madura (2000) states that some common forms of political risk include the uncertainty related to attitude of consumers and investors, attitude of the government, blockage of fund and technology transfers, currency inconvertibility
, war, bureaucracy and corruption.
These companies will provide insurance against the classic credit risks such as coups, war and political violence, nationalization and expropriation, and currency inconvertibility