Friday, June 28, 2013

Economic Buzz: Global FDI Sees Massive Drop In 2012 Says UNCTAD

Global foreign direct investment (FDI) inflows dropped by 18% to US$1.35tn in 2012. Recovery to more vigorous investment levels will take longer than expected, mostly because of global economic fragility and policy uncertainty, UNCTAD's (United Nations Conference on Trade and Development) annual survey of investment trends reports stated today. Developing countries make up four of the top five host economies. Six of the top 10 prospective host countries also come from the developing world, with Mexico and Thailand appearing for the first time. Among developed countries, Japan jumped three positions largely because of reconstruction efforts after the 2011 tsunami, and recent expansionary monetary policies have together increased the country's attractiveness for foreign investment in the medium term. At the same time, Australia, the Russian Federation and the United Kingdom slipped down the rankings from last year's survey, while Germany gained two positions.
Source by Commodity Insights

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