Global Foreign Direct Investment Trends
By Nasir Hafeez
According to the latest figures of the World Bank, IMF, ADB and other international agencies, there has been an overall phenomenal increase in the inflows of foreign direct investment around the globe since the start of the new millennium. It was at its peak in 2000, plunged by nearly 40 per cent in 2001 and slumped again in 2002-03. According to figures, it was the longest and biggest decline. However, 2004 buy black uggs australia boot on sale marked the start of a rapid recovery and now it is in its third year. During this time, global FDI flows have risen by over 20 per cent a year. In fact, now it is estimated that global FDI is sailing through a favorable era, which can be extended, to the rest of the decade. With single-digit growth from
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