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One may wonder if the legitimate interest os the contractor and the contracted - in their several types - connected by an engineering contract, for the construction of large industrial and infrastructure works, is fully satisfied with the guarantee limited to physical damage? Equally, is this interest satisfied, knowing that the project runs risks of planning, design, construction and supply.
Table 1: Key characteristics of partial risk guarantee and political risk insurance by MDBs 14 Table 2: Key characteristics of partial credit guarantee by MDB 16 ... Among these instruments, guarantees for development have the potential to play an important role.
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RISK MITIGATION INSTRUMENTS AND BLENDED FINANCE APPROACHES TO ... MIGA's political risk insurance and ...