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... BriefingsThe IFIs and Islamic financeThe World Bank Group and the IMF have become more involved in assistance to and oversight of Islamic financial institutions. read article... The World Bank and waterAn overview of how water-related issues are managed at the World Bank. read article... The World Bank and educationbrief summary of the World Bank's work and priorities in education read article... Items 1 to 10 of 62The UK's role in the WB 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 annual meetings 2008At this year's annual meetings, the focus will of course be on the financial crisis gripping the rich countries of the world. Questions remain as to whether important issues around the World Banks role in climate change and its even governance structure will get the attention they deserve. read article... Bank failing on environment: IEG finds lack of coherenceIn July the World Bank's internal watchdog, the independent evaluation group (IEG), released an assessment of the Bank's record on environment between1990-2007. Delicate wording aside, the evaluation finds that the Bank has performed poorly when it comes to a coherent integration of environmental goals into its country strategies and investment portfolios. read article... World Bank-IMF spring meetings 2008At this year's spring meetings, the World Bank faced increasing opposition to its plans to tackle climate change, while the IMF was forced to admit that the lack of democracy in its governance is probably why it missed the boat on the credit crisis. read article... Highlights of BWI-UK network meeting with Caroline Sergeant, 7 February 2008Highlights of NGO meeting with alternative executive director to the World Bank, Caroline Sergeant read article... The IFIs and Islamic financeThe World Bank Group and the IMF have become more involved in assistance to and oversight of Islamic financial institutions. read article... UK report on its activities at the World Bank Weak, unaccountable, and lateIn late November, the UK released its third report on its relationship with the World Bank, disappointing in the coverage and depth of its analysis. read article... Further embarrassment over BotniaMinutes before cutting the ribbon of inauguration for the IFC-funded pulp mill owned by Finnish Company Oy Metsa Botnia in Uruguay at the start of November, Erikki Varis, CEO of the Finnish company was ordered to hold off by the Spanish government read article... Climate contradictions: World Bank sets up shop in BaliThe key role that the World Bank is preparing to play in December's international climate change conference in Bali sits uncomfortably with its continued commitment to fossil fuel funding and failure to make a meaningful shift in its energy lending read article... World Bank-IMF annual meetings 2007At this year's annual meetings, both the World Bank and the IMF faced serious challenges to their continued relevance and legitimacy. Observers were keen to see the tone that new heads Robert Zoellick and Dominique Strauss-Kahn would set for the institutions. read article... |
Articles: 2381 Related itemsEvents
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