The World Bank Group's Global Investment Competitiveness Report presents analytical insights and empirical evidence on foreign direct investment. Investment competitiveness is defined as the ability of coutnries to not only attract but also retain and integrate private investment into their respective economies.
The benfits of FDI extend well beyond attracting needed capital. Foreign investment also confers technical know-how, managerial and organizational skills, and access to foreign markets. FDI has a significant potential to transform economies, the report says.
The report's survey of 754 executives of multinational corporations investing in developing countries finds that - in addition to political stability, security, and macroeconomic conditions- a business-friendly legal and regulatory environment is the key driver of investment decisions.
Find the full report below.
27th January 2023