MIGA Annual Report 2009

Multilateral Investment Guarantee Agency

Washington, DC:World Bank

关键词: ACCESS TO FUNDS;    ACCESS TO INFORMATION;    ACCESS TO INSURANCE;    ACCOUNTING;    AFFILIATES;   

RP-ID  :  52033

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

For Multilateral Investment GuaranteeAgency (MIGA), the challenge this year has been promotingforeign direct investment (FDI) into developing countries ata time when investment flows are slumping. While manyinvestors shied away from projects because of the difficultinvestment climate, those who have been doing businessrecognized the need for the kind of political riskguarantees MIGA provides. This year, MIGA provided $1.4billion in guarantees for a range of projects, down from theagency's banner year of $2.1 billion in guarantees in2008. But MIGA also experienced far fewer cancellations ofexisting coverage this year than in previous years. MIGA isalso supporting projects to help the most vulnerable. Thisyear, the agency entered into an innovative contract tofacilitate up to $100 million of investments to small andmedium-size enterprises in Sub-Saharan Africa, businesseswhich account for most of the continent's jobs. MIGAhas also focused on internal changes. At a time of financialcrisis, promoting FDI depends on moving quickly to meet theemerging needs of clients. This will enhance MIGA'soperational flexibility and procedural efficiency, andshould lead to more business while strengthening MIGA'sposition as a self-standing enterprise.