Definitions for "Multilateral Investment Guarantee Agency" Add To Word List
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One of the five institutions that comprise the World Bank Group, MIGA helps encourage foreign investment in developing countries.
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( MIGA) MIGA aims to encourage foreign investment by providing guarantee to foreign investors against loss caused by non-commercial risks in developing countries. MIGA also provides capacity building and advisory services to help poor countries attract foreign investment.
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The Multilateral Investment Guarantee Agency began operations in April 1988. As part of the World Bank Group, MIGA was formed to encourage the flow of private foreign investment to its member developing countries by providing insurance against non-commercial risks, and by providing promotional and advisory services. MIGA's guarantee program protects investors against losses from currency transfer, expropriation, war, and civil disturbance, and investment-related breach of contract by host governments. MIGA works in close cooperation with the World Bank, the International Development Association, and the International Finance Corporation to promote sound investment policies, thereby assisting developing countries in creating attractive investment environments for private foreign direct investment. See also: International Development Association, International Finance Corporation, World Bank
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Part of the World Bank Group, MIGA aims to encourage foreign investment by providing political risk insurance to private investors and lenders wanting to invest in developing countries. MIGA also provides capacity building and advisory services to help poor countries attract foreign investment.
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Established in 1988 and part of the World Bank Group, MIGA offers insurance on political risk to private companies investments in countries they deem to be politically risky.
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(MIGA)-Promotes private investment in developing countries from the World Bank.
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Set up in 1988 as part of the World Bank Group, to encourage equity and other types of direct investment flows towards developing countries. It provides investors with coverage and guarantees against non-commercial risks, and advises local governments in developing countries on policies and programmes to foster foreign investments. Français: Agence multilatérale de garantie d'investissement Español: Organismo Multilateral de Garantía de Inversiones (OMGI)
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One of the five institutions comprising the World Bank Group; MIGA's purpose is to help encourage equity investment and other kids of direct investment flow into developing countries.
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The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank group. It was established to promote foreign direct investment into developing countries. MIGA was founded in 1988 with a capital base of $1 billion and is headquartered in Washington, D.C.
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