I find that the AIB community seems unaware to this worthy complementary resource to UNCTAD’s WIR. This report – produced by the IFC builds on survey data, and also makes the data
available. The subject this year of the two reports is similar. I find the policy recommendations to be very useful, as it relies on primary data, rather than secondary, macro FDI data.
Rajneesh Narula, OBE, PhD, FRSA
The John H. Dunning Chair in International Business
Henley Business School, Reading University
http://www.linkedin.com/in/narula1
Global Investment Competitiveness Report 2019/2020:
REBUILDING INVESTOR CONFIDENCE IN TIMES OF UNCERTAINTY |
|
The
Global Investment
Competitiveness Report 2019/2020
provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to
rebuild investor confidence in times of uncertainty. It focuses on the role of foreign direct investment (FDI) in alleviating the impact of the COVID-19 crisis and boosting countries’ economic resilience. It highlights FDI’s contributions to providing
a critical source of external finance, creating jobs, lifting people out of poverty, and raising productivity. The report presents results of a
survey of more than 2,400 business executives representing multinational corporations in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. Results of the survey, as well as the report’s
new global database of regulatory risk, highlight the critical role of government actions in reducing investor risk and increasing policy predictability for rebuilding investor confidence.
The report also assesses the
impact of FDI on poverty, inequality, employment, and business performance using firm- and household-level evidence from various countries. It shows that FDI in developing countries yields benefits to firms and workers—including more and better-paid
jobs—but governments need to remain vigilant about possible adverse consequences on income distribution. Lastly, the report articulates priorities for
investment promotion agencies and other stakeholders seeking to strengthen their countries’ investment competitiveness and leverage FDI for a robust economic recovery. |