Old Risks, New Solutions, Or Is It the Other Way Around?

Gero Verheyen and Edith Quintrell

No 13106 in World Bank Publications - Books from The World Bank Group

Abstract: Events like the Multilateral Investment Guarantee Agency (MIGA), Georgetown symposium demonstrate that there is much to be learned through the sharing of experiences and thinking together about the critical issues that confront our industry as well as new products and ideas. MIGA opened a new Asian hub in Singapore with underwriters in Hong Kong SAR, China and business development staff in Beijing and Tokyo. This hub aims to capitalize on Asian emerging as a new center of outbound investment growth. We have seen a growing base of investors in China as well as other Asian countries looking to go into the challenging market. MIGA also opened a business development office in Paris, which will focus on new business opportunities in Europe as well as the Middle East and North Africa. We view both of these hubs as providing an excellent opportunity for MIGA to support the economic growth of low-income countries through providing the support to South-South investments. Providing political risk insurance (PRI) for outbound investment from the rich and other middle-income countries has become more important as the level of Foreign Direct Investment (FDI) growth from these countries has increased.

Keywords: Insurance; and; Risk; Mitigation; Finance; and; Financial; Sector; Development-Debt; Markets; Private; Sector; Development-Emerging; Markets; Finance; and; Financial; Sector; Development-Non; Bank; Financial; Institutions; Finance; and; Financial; Sector; Development-Bankruptcy; and; Resolution; of; Financial; Distress (search for similar items in EconPapers)
Date: 2013
ISBN: 978-0-8213-9877-7
References: Add references at CitEc
Citations:

Downloads: (external link)
https://openknowledge.worldbank.org/bitstreams/a6c ... 174c9380138/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:13106

Access Statistics for this book

More books in World Bank Publications - Books from The World Bank Group 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Tal Ayalon ().