FDI Trends : Looking Beyond the Current Gloom in Developing Countries
The fall in foreign direct investment
(FDI) since 1999 and China's growing share, worry most
developing countries. But an in-depth look reveals new and
promising trends. The decline is largely a one-time
adjustment following the privatization boom of the 1990s.
FDI is coming from more countries - and going to more
sectors. The conditions for attracting FDI vary by sector:
in labor-intensive manufacturing, for example, efficient