Multilateral Investment Guarantee Agency2012-03-192012-03-192009978-0-8213-8149-6https://hdl.handle.net/10986/4357For Multilateral Investment Guarantee Agency (MIGA), the challenge this year has been promoting foreign direct investment (FDI) into developing countries at a time when investment flows are slumping. While many investors shied away from projects because of the difficult investment climate, those who have been doing business recognized the need for the kind of political risk guarantees MIGA provides. This year, MIGA provided $1.4 billion in guarantees for a range of projects, down from the agency's banner year of $2.1 billion in guarantees in 2008. But MIGA also experienced far fewer cancellations of existing coverage this year than in previous years. MIGA is also supporting projects to help the most vulnerable. This year, the agency entered into an innovative contract to facilitate up to $100 million of investments to small and medium-size enterprises in Sub-Saharan Africa, businesses which account for most of the continent's jobs. MIGA has also focused on internal changes. At a time of financial crisis, promoting FDI depends on moving quickly to meet the emerging needs of clients. This will enhance MIGA's operational flexibility and procedural efficiency, and should lead to more business while strengthening MIGA's position as a self-standing enterprise.CC BY 3.0 IGOACCESS TO FUNDSACCESS TO INFORMATIONACCESS TO INSURANCEACCOUNTINGAFFILIATESARBITRAL AWARDARBITRATIONATM CARDSAUDIT COMMITTEEAVAILABILITY OF CREDITBANK GUARANTEEBANK LENDINGBANKING PROJECTSBANKING SECTORBANKING SERVICESBANKING SYSTEMBANKSBANNER YEARBONDBONDSBUDGETINGBUSINESS DEVELOPMENTCAPITAL FLOWSCAPITAL MARKETCAPITALIZATIONCOMMERCIAL BANKCORE BUSINESSCOUNTRY INVESTORCREDIT AGENCIESCREDIT AGENCYCREDIT LINESCROSS-BORDER FINANCINGCROSS-BORDER FLOWSCURRENCYCUSTODYDEBTDEBT CAPITALDEBT FINANCINGDEPOSITORSDERIVATIVESDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPING ECONOMIESDEVELOPMENT BANKDEVELOPMENT FINANCEDISPUTE RESOLUTIONDIVESTMENTECONOMIC CRISISECONOMIC INTEGRATIONEIBELECTRONIC PAYMENTSELIGIBLE INVESTMENTSEMERGING ECONOMIESEMERGING MARKETEMERGING MARKET COUNTRYEMERGING MARKETSEMPLOYMENTENTRY POINTENVIRONMENTAL PRACTICESEQUITY CAPITALEQUITY INVESTMENTEXPENDITUREEXPORT CREDITEXPOSUREEXPOSURESEXPROPRIATIONFEE INCOMEFINANCE CORPORATIONFINANCIAL CRISISFINANCIAL FLOWSFINANCIAL INFRASTRUCTUREFINANCIAL INSTITUTIONSFINANCIAL MARKETSFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL STATEMENTSFINANCIAL SUPPORTFINANCIAL SYSTEMSFOREIGN DIRECT INVESTMENTFOREIGN FINANCINGFOREIGN GOVERNMENTFOREIGN GOVERNMENTSFOREIGN INVESTMENTFOREIGN INVESTMENT FLOWSFOREIGN INVESTMENTSFOREIGN INVESTORFOREIGN INVESTORSGLOBAL ECONOMIC PROSPECTSGLOBAL ECONOMYGLOBAL INVESTMENTGLOBAL INVESTORGLOBALIZATIONGROUP LENDINGHOLDER INVESTORHOST COUNTRIESHOST COUNTRYHOST GOVERNMENTHUMAN RIGHTSINFORMATION SERVICEINFORMATION SERVICESINFRASTRUCTURE DEVELOPMENTINFRASTRUCTURE INVESTMENTINFRASTRUCTURE INVESTMENTSINFRASTRUCTURE PROJECTINFRASTRUCTURE PROJECTSINSURANCEINSURANCE INDUSTRYINSURANCE MARKETINSURANCE PRODUCTSINSURERINSURERSINTANGIBLEINTERNATIONAL BANKINTERNATIONAL CAPITALINTERNATIONAL CAPITAL FLOWSINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL INSTITUTIONSINTERNATIONAL INVESTORINTERNATIONAL INVESTORSINVESTINGINVESTMENT ACTIVITYINVESTMENT BANKINVESTMENT CLIMATEINVESTMENT CLIMATESINVESTMENT CORPORATIONINVESTMENT FLOWSINVESTMENT FUNDINVESTMENT INCOMEINVESTMENT OPPORTUNITIESINVESTMENT PORTFOLIOSINVESTMENT PROJECTSINVESTOR CONFIDENCEINVESTOR PERCEPTIONSISLAMIC DEVELOPMENT BANKISLAMIC FINANCEISSUANCEISSUANCE OF GUARANTEESJOB CREATIONJOINT STOCK COMPANYJURISDICTIONSLENDERSLIABILITYLIQUIDITYLIVING STANDARDSLLCLOANLOCAL COUNCILSLOCAL ECONOMYLOCAL ENTERPRISESLONG-TERM INVESTMENTSLOW-INCOME COUNTRIESMARKET CONDITIONSMARKET SECURITIESMICROFINANCEMICROFINANCE INSTITUTIONSMIDDLE-INCOME COUNTRIESMUNICIPAL GOVERNMENTSNATIONAL INVESTMENTNEW ENTRANTSOPERATING INCOMEOUTPUTPAYMENT OBLIGATIONPAYMENTS SERVICEPOLITICAL RISKPOLITICAL RISK INSURANCEPOLITICAL RISKSPORTFOLIOPORTFOLIO INVESTMENTPOTENTIAL INVESTMENTSPOTENTIAL INVESTORSPRIVATE BANKINGPRIVATE CAPITALPRIVATE EQUITYPRIVATE INVESTMENTPRIVATE SECTOR DEVELOPMENTPRIVATIZATIONPRIVATIZATIONSPRODUCTIVE INVESTMENTPUBLIC-PRIVATE PARTNERSHIPRECAPITALIZATIONREINSURANCEREINSURANCE ARRANGEMENTSREINSURANCE CAPACITYRISK CAPITALRISK MANAGEMENTRISK PROFILESECURITIESSECURITIES MARKETSSETTLEMENTSEWAGESHARE OF CAPITALSHAREHOLDERSHAREHOLDERSSMALL BUSINESSSMALL ENTREPRENEURSSOCIAL DEVELOPMENTSOCIAL FUNDSOCIAL PERFORMANCESOVEREIGN RATINGSOVEREIGN RISKSOVEREIGN RISK RATINGSSTATE BANKSTOCK MARKETSSUBSIDIARIESSUBSIDIARYSUSTAINABLE DEVELOPMENTTAXTECHNICAL ASSISTANCETELECOMMUNICATIONSTREATYTRUST FUNDURBANIZATIONWORLD ECONOMYWorld Bank10.1596/978-0-8213-8149-6