MIGA—Multilateral Investment Guarantee AgencyCreated in 1988 MIGA aims to encourage foreign direct investment by providing guarantees, known as political risk insurance, to foreign investors against loss caused by non-commercial risks in developing countries. MIGA, which is part of the World Bank Group, also provides technical assistance such as capacity building and advisory services to help countries attract foreign investment. In addition MIGA provides dispute mediation services to reduce future obstacles to investment. Since its creation MIGA has issued nearly $14.7 billion in guarantees for projects in 91 countries. 42 per cent of its activity is concentrated within areas considered to be high-risk and low-income, many of which are in Africa. MIGA's current vice president is Yukiko Omura. read more background... Items 1 to 10 of 75New World Bank infrastructure strategy Paving over development?A World Bank infrastructure strategy update, developed because of a G20 push for more infrastructure investment, reaffirms the Bank's commitment to large-scale projects and scaled up private finance through public-private partnerships (PPPs, see Update 77), despite questions about bloated costs and development impact. read article... MIGA expands its roleThe Multilateral Investment Guarantee Agency (MIGA), the World Bank's political risk insurance arm, foresees continued growth, and has expanded its remit. read article... World Bank-IMF annual meetings 2011Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2011. This page is being updated regularly. read article... The UK's role in the World Bank and IMF Department for International Development and HM TreasuryThis page outlines the structure of the UK government's interaction with the World Bank and the IMF. It provides contact information for the appropriate staff at the Department for International Development and HM Treasury who deal with the Bretton Woods institutions read article... World Bank-IMF spring meetings 2011Analysis of governance reforms and other decisions made at the 2011 World Bank and IMF spring meetings read article... Bank seeks business in Middle East unrestStaff at the World Bank's political insurance arm greeted unrest in the Middle East and North Africa as a business opportunity, amid criticisms that IFI policies had fuelled the crises. read article... The World Bank's approach to gender mainstreamingThe World Bank's current approach to gender mainstreaming promotes women's empowerment as "smart economics" that serves a dual equality-development purpose. This approach, which largely ignores non-economic sources of gender inequality, has been criticised for its narrow, market-driven focus. read article... The IFI's approach to tax avoidance and evasionThe World Bank and the IMF formally recognise tax avoidance and evasion as a critical problem for developing countries' domestic resource mobilisation. The Bank's public position on tax evasion and tax havens does not however identify concrete measures to stop investing in companies practicing tax avoidance. The IMF addresses tax policy under its surveillance mandate and in its technical assistance, but does not have an explicit framework to deal with tax evasion. read article... World Bank-IMF annual meetings 2010Analysis, news, and about the events inside and around the World bank/IMF annual meetings 2009. This page is being updated regularly. read article... Multilateral Investment Guarantee Agency (MIGA)The Multilateral Investment Guarantee Agency (MIGA), which forms a part of the World Bank Group, promotes foreign direct investment (FDI) in its 175 member countries. read article... |
Articles: 3365 Related itemsRecent briefings & reports
The UK's role in the World Bank and IMF: Department for International Development and HM Treasury 18 July 2011 Resourcesworldbankpresident.org 17 January HLP report, MDB Action Plan, Bank strategy 2 January Evaluative Directions for the World Bank Group's Safeguards and Sustainability Policies 7 July 'You say you want a revolution' blog 16 March International coalition condemns MIGA support for Weda Bay Nickel mine 12 July MIGA 1 January Environmental sustainability: evaluation of Bank Group support 1 August Research paper on stablisation clauses and human rights 20 March Who controls Ecuador's water? 30 October IFIwatch.tv 5 October |
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