The World Bank - Working for a world free of poverty
As a member of the World Bank Group, MIGA's mission is to promote foreign direct investment (FDI) into developing countries to help support economic growth, reduce poverty, and improve people's lives. It does this by providing political risk insurance (guarantees) to the private sector.
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World Investment and Political Risk
Political risk remains one of the main obstacles to foreign investment in emerging markets.
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t was a close and muggy Washington morning as about 100 people gathered early this past Saturday for the yearly MIGA client breakfast, taking place during the 2011 World Bank Group/International Monetary Fund Annual Meetings. It was gratifying to see people from many fields in the audience, ranging from investors and fund managers to bankers and project lawyers as well as a not a few economists and development specialists. The rather overheated feeling in the air was probably only partly due to the warm weather outside, and as much to do with the prevailing sense of deep concern about where the world’s economic fortunes are headed. All in all, it promised to be a lively session.