Dear Members of the World Investment
It is my pleasure to inform you
that UNCTAD has just launched a publication entitled "How
to Integrate FDI and Skill Development: Lessons from Canada and Singapore",
the fifth instalment of UNCTAD´s Investment Advisory Series B.
The study focuses on identifying
policies that can be used to integrate foreign direct investment (FDI)
and skill development. It identifies policy experiences and best practices
from two countries that consistently rank high in terms of human resource
development and have incorporated FDI into their respective skill-development
processes. The report says that transnational corporations (TNCs), being
on average more productive and technology-intensive than domestic firms,
tend to bring positive contributions to local economies, including in the
form of skills development, but that the positive impact of FDI inflows
on the local skills base is not automatic. Policies need to be carefully
designed and sequenced to achieve that goal.
The Investment Advisory B series
focuses on case studies of best practices in policy and strategic matters
related to foreign investment and development. It is intended to
help policy makers and complements the A series, which deals with issues
related to investment promotion and facilitation and the work of investment
promotion agencies (IPAs) and similar institutions.
We hope you find the paper interesting
and look forward to hearing your views.
James X. Zhan
Investment & Enterprise Division
United Nations Conference on Trade
Palais des Nations, Geneva
Tel: +41 22 9175797
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