Large funds are under the custody of insurers and are invested to produce additional returns. Under competitive pressure this additional income may enable the insurer to charge lower rates than would be usual when based on pure underwriting experience or it may improve the insurer's overall profitability. The management of these funds is thus very important both to insurers and those insured, and may also play a significant role in the national economy. Appropriate regulations to channel these funds so as to target developmental areas of the economy may contribute to the overall economic development of the country. This issue has often been raised in connection with developing countries where investment money is often scarce and where funds held by insurers could be used for development purposes. However, it has been argued that imposition of strict investment rules may interfere with insurers' ability to maintain the necessary levels of liquidity and security in their investment portfolios. Such provisions may also deprive companies of investment possibilities yielding higher returns.
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.