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Making Foreign Investment SafeProperty Rights and National Sovereignty$
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Louis T. Wells and Rafiq Ahmed

Print publication date: 2007

Print ISBN-13: 9780195310627

Published to Oxford Scholarship Online: May 2007

DOI: 10.1093/acprof:oso/9780195310627.001.0001

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 Enron: Another Kind of Official Insurance

 Enron: Another Kind of Official Insurance

(p.248) 15 Enron: Another Kind of Official Insurance
Making Foreign Investment Safe

Louis T. Wells (Contributor Webpage)

Oxford University Press

The story of Enron's attempt to build in East Java is another power project that was the subject of an insurance claim. The importance of the story lies primarily in why the Multilateral Investment Guarantee Agency (MIGA), the insurance agency of the World Bank Group, issued a policy for the project in the first place and in the cordial relation that MIGA retained with Indonesians when the conflict occurred.

Keywords:   Indonesia, power project, East Java, insurance, Multilateral Investment Guarantee Agency

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