FDI after covid 19

By: Daniel Alexand…
Created: 24 May 2020 - 03:05
Updated: 24 May 2020 - 08:05

Airlines, hotels, restaurants and leisure, as well as manufacturing industries and the energy sector will be the hardest hit by the contraction of FDI according to a study publisjed by UNIDO. According to the UN Conference on Trade and Development (UNCTAD), global FDI flows are expected to contract between 30 per cent to 40 per cent during 2020/21.

Developing countries will be the hardest hit. In late March, the International Monetary Fund announced that investors had removed 83 billion US$ from developing countries since the beginning of the COVID-19 crisis, the largest capital outflow ever recorded. This will lead, of course, to a fierce competition in the attraction of FDI at global scale in the next future.

Read more on https://iap.unido.org/articles/covid-19-and-global-contraction-fdi