The Multilateral Investment Guarantee Agency (MIGA) is an international organization that promotes investment in developing countries by offering political and economic risk insurance.
The agency aims to support economic growth, reduce poverty and improve people’s lives through foreign direct investment in developing countries.
MIGA is a member of the World Bank Group and, as of March 2020, has 181 member countries.
The Americans with Disabilities Act (ADA) was passed in 1990 to prevent discrimination against people with disabilities in the workplace and in employment.
Autarky refers to a state of self-sufficiency and is commonly used to describe countries or economies that seek to reduce their dependence on international trade.
A Build-Operate-Transfer (BOT) contract is a model used to finance large projects, usually infrastructure projects, developed through a public-private partnership.
Capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector, in which labor is paid only according to wages.
The term “discount rate” can refer to either the interest rate the Federal Reserve charges banks for short-term loans or the rate used to discount future cash flows in a discounted cash flow (DCF) analysis.