Roundtable discussion with UNCTAD SG on World Investment Report 2013
Introductions and initial assessment by Dr Supachai (SG of UNCTAD)
Further insights into the WIR13 by: Dr Hafiz Mirza (UNCTAD)
Discussants: Eamon Cassidy (Deputy Director, joint DFID/BIS Trade Policy Unit) and Jodie Keane (Research Fellow at ODI).
Chair: Dr Dirk Willem te Velde(Head of Programme, ODI).
Description
The World Investment Report 2013: Global Value Chains – Investment and Trade for Development.
The WIR13 presents the latest data and trends on foreign direct investment (FDI) and policy developments, providing key economic intelligence for policymakers and other investment stakeholders. This year's WIR focuses on global value chains (GVCs) and their role in development.
The Report's main findings for FDI trends
- Global FDI flows declined in 2012 to below the pre-economic crisis level, due mainly to macroeconomic fragility and policy uncertainty for investors.
- In 2012 – for the first time ever – developing economies absorbed more FDI than developed countries. In addition, they generated almost one third of global FDI outflows.
- The FDI recovery that started in 2010 and 2011 will now take longer than expected.
Please contact Mobolaji Oyeniji ([email protected]) by email for further information.