An investor commits substantial capital for a project on the basis of compliance with an agreed plan to deal with the environmental impact or in compliance with established statutory provisions. The Government may later wish to alter its requirements for reasons such as (a) it may have decided over a period of time that stricter standards should apply; (b) new data may have been produced showing the existence of danger or deleterious consequences not previously known; or (c) some unforeseen physical events or dimensions may have become apparent in the project itself. For investors, the prospect of a Government changing the rules of the game after their investment is in place is alarming, and may deter investment in some instances, particularly foreign investment in developing countries with deficient, untested or developing statutory codes. If there is a drastic change in the rules after the investment has been made, the economic assumptions on which the decision to develop was taken may be undermined.
The Encyclopedia of World Problems and Human Potential is a unique, experimental research work of the Union of International Associations. It is currently published as a searchable online platform with profiles of world problems, action strategies, and human values that are interlinked in novel and innovative ways. These connections are based on a range of relationships such as broader and narrower scope, aggravation, relatedness and more. By concentrating on these links and relationships, the Encyclopedia is uniquely positioned to bring focus to the complex and expansive sphere of global issues and their interconnected nature.
The initial content for the Encyclopedia was seeded from UIA’s Yearbook of International Organizations. UIA’s decades of collected data on the enormous variety of association life provided a broad initial perspective on the myriad problems of humanity. Recognizing that international associations are generally confronting world problems and developing action strategies based on particular values, the initial content was based on the descriptions, aims, titles and profiles of international associations.
Non-profit, apolitical, independent, and non-governmental in nature, the UIA has been a pioneer in the research, monitoring and provision of information on international organizations, international associations and their global challenges since 1907.