World Chronicle
World Chroncile 874: Karl P. Sauvant, UNCTAD
"INVESTMENT FOR DEVELOPMENT"
Foreign Direct Investment throughout the world has dropped sharply, and yet transnational corporations continue to expand their role, reaching more countries, employing more people, and accounting for a greater percentage of world trade. How is that possible? How can the poorest countries attract the foreign investment they so desperately need? And what factors make an apparent economic basket-case like Angola one of the potentially most productive countries for foreign investment? In this edition of World Chronicle, these questions are explored with the help of Karl Sauvant, Director of the Division on Investment for UNCTAD, the United Nations Conference on Trade and Development.
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