Description

In 1995, the review of the guarantee operations of the Asian Development Bank (ADB) introduced the partial risk guarantee (PRG) as a new instrument to expand guarantee operations. The Board approved a second review of guarantee operations in 1999. In April 2000, the Board approved a review paper on fees for partial credit guarantees (PCGs). The current paper reviews ADB

Contents

• Introduction
• An Overview of the Political Risk Insurance (PIR) Market
• Review of ADB's Partial Risk Guarantee (PR) Program
• Recommendation for Changes to ADB's PRG
• Potential Benefits of the Proposed PRG Prgoram
• Conclusion
• Appendixes