Concept information
Preferred term
Multilateral Investment Guarantee Agency
Definition
- The Multilateral Investment Guarantee Agency, established in 1988, provides political risk insurance to private companies investing in developing markets. As a member of the World Bank Group, its principal goal is to encourage foreign direct investment in developing markets by augmenting privately and publicly available political risk insurance coverage. [Source: Encyclopedia of Business in Today's World; Multilateral Investment Guarantee Agency]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Multilateral_Investment_Guarantee_Agency
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