Monday, September 15, 2008

Clinton Global Initiative

The Clinton Global Initiative was a commitment to offer innovative political risk insurance to Palestinian business. This agreement was signed to create a new type of risk insurance to meet the needs of the Palestinian business community. This will ultimately encourage investment and sustain to create more jobs. It will establish a facility funded by both public and Private organizations. It will provide essential technical assistance including marketing monitoring and guidance. If the insured exporters grow 10% per year, this insurance product could facilitate over 400 million dollars in exports from Palestinian territories. This article is interesting to me because it very much involves the concept of sustainability while also helping to insure and secure Palestinian business from harm while also providing work. Another reason why this article caught my eye is because one of the companies doing work and research for this particular project is the Aspen Institute which my mother happens to do social science research for.

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