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Publication
The World Bank Annual Report 2021: From Crisis to Green, Resilient, and Inclusive Recovery
(Washington, DC: World Bank, 2021-10-01)The Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)--collectively known as the World Bank--in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
MIGA Annual Report 2021
(Washington, DC: Multilateral Investment Guarantee Agency, 2021-10-01)In FY21, MIGA issued 5.2 billion US Dollars in new guarantees across 40 projects. These projects are expected to provide 784,000 people with new or improved electricity service, create over 14,000 jobs, generate over 362 million US Dollars in taxes for the host countries, and enable about 1.3 billion US Dollars in loans to businesses—critical as countries around the world work to keep their economies afloat. Of the 40 projects supported during FY21, 85 percent addressed at least one of the strategic priority areas, namely, IDA-eligible countries (lower-income), fragile and conflict affected situations (FCS), and climate finance. As of June 2021, MIGA has also issued 5.6 billion US Dollars of guarantees through our COVID-19 Response Program and anticipate an expansion to 10–12 billion US Dollars over the coming years, a testament to the countercyclical role that MIGA can play in mobilizing private investment in the face of the pandemic. A member of the World Bank Group, MIGA is committed to strong development impact and promoting projects that are economically, environmentally, and socially sustainable. MIGA helps investors mitigate the risks of restrictions on currency conversion and transfer, breach of contract by governments, expropriation, and war and civil disturbance, as well as offering credit enhancement on sovereign obligations. -
Publication
Global Economic Prospects, January 2016: Spillovers Amid Weak Growth
(Washington, DC: World Bank, 2016-01-06)The January 2016 edition of Global Economic Prospects discusses current global and regional economic developments and prospects, analyzing key challenges and opportunities confronting developing countries. This volume addresses, among other topics, spillovers from large emerging markets and macroeconomic vulnerabilities during resource development. Global Economic Prospects is a World Bank Group Flagship Report. Semiannually (January and June), it examines global economic developments and prospects, with a special focus on developing countries. The report includes analysis of topical policy challenges faced by developing countries through in-depth research in the January edition and shorter analytical pieces in the June edition. -
Publication
The World Bank Annual Report 2015
(Washington, DC, 2015-10-02)The Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)--collectively known as the World Bank--in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
The World Bank Annual Report 2014
(Washington, DC, 2014)The Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
MIGA Annual Report 2014 : Insuring Investments, Ensuring Opportunities
(Washington, DC: World Bank Group, 2014)In 2014, the World Bank Group adopted a joint strategy for dealing with impediments to ending extreme poverty and boosting shared prosperity. One of the strategy’s key elements underscores the essential role private sector investment can play working alongside public sector support to bear down on the most challenging development issues client countries face, such as job creation, infrastructure deficits, and climate change. MIGA’s role has become increasingly valuable in delivering results to achieve these twin goals as demonstrated by the increased demand for our political risk insurance and credit enhancement products that facilitate the expansion of private investment into emerging markets. In fiscal year 2014, MIGA issued a record $3.2 billion in new guarantees while our gross exposure reached $12.4 billion. MIGA’s added value stems from our ability to mobilize private sector investment in environments that are often beyond the risk tolerance of commercial sources of capital. This past fiscal year, MIGA worked with various stakeholders to develop our own strategy that aligns our objectives with the World Bank Group’s twin goals and underscores our aspiration to achieve significant development impact beyond what we can do alone. To achieve this, MIGA will need to be financially sustainable by prudently managing our risks, covering operating costs, and creating financial latitude by growing the Agency’s capital base. -
Publication
MIGA Annual Report 2013 : Insuring Investments, Ensuring Opportunities
(Washington, DC: World Bank Group, 2013-10-11)In fiscal year 2013, Multilateral Investment Guarantee Agency (MIGA) issued 2.8 billion dollars in investment guarantees for projects in our developing member countries. At 1.5 billion dollars, representing more than half of new business, the bulk of MIGA's guarantees issued support investments in Sub-Saharan Africa. Sixty-nine percent of new business volume this year was in complex projects in infrastructure and extractive industries, a strategic priority for the Agency. This year, 82 percent of MIGA's new volume fell into one or more of strategic priority areas: investments in the world's poorest countries, "South-South" investments, investments in conflict-affected countries, and investments in complex projects. MIGA also established the conflict-affected and fragile economies facility to further deepen support to this priority area. -
Publication
The World Bank Annual Report 2013
(Washington, DC, 2013-10-04)The Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
The World Bank Annual Report 2012: Volume 1. Main Report
(Washington, DC, 2012-10-05)The 2012 annual report of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) contains messages from both outgoing President Robert B. Zoellick and incoming President Dr. Jim Yong Kim. The Board of Directors statement highlights the Bank's achievements in 2012. The report showcases the Corporate Scorecard, presented in four tiers, providing information on the Bank's overall performance and results. Tier I provides the global development context. Tier II includes aggregate data collected through the standardized sector indicators. Tier III shows the overall success of Bank activities in achieving their development goals, as well as the Bank's operations effectiveness. Tier IV presents the Bank's organizational effectiveness and modernization. The report also discusses the financial commitments and resources, an operational summary, and World Bank lending by theme and sector for 2007-2012. Additional information on activities and outcomes is available in the annexes. -
Publication
The World Bank Annual Report 2012: Volume 2. Responding with Knowledge and Experience
(Washington, DC, 2012-10-05)The 2012 annual report of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) contains messages from both outgoing President Robert B. Zoellick and incoming President Dr. Jim Yong Kim. The Board of Directors statement highlights the Bank's achievements in 2012. The report showcases the Corporate Scorecard, presented in four tiers, providing information on the Bank's overall performance and results. Tier I provides the global development context. Tier II includes aggregate data collected through the standardized sector indicators. Tier III shows the overall success of Bank activities in achieving their development goals, as well as the Bank's operations effectiveness. Tier IV presents the Bank's organizational effectiveness and modernization. The report also discusses the financial commitments and resources, an operational summary, and World Bank lending by theme and sector for 2007-2012. Additional information on activities and outcomes is available in the annexes.