FOREIGN INVESTMENT NO LONGER ALIGNED WITH GDP GROWTH, GLOBAL CRISES FRACTURING FDI
The Business Guardian|April 27, 2024
The decline in manufacturing has severely impacted smaller economies, hindering their ability to participate in global production, upgrade production methods and adopt new technologies.

A significant shift has taken place in the global economy with the growth of foreign direct investment (FDI) and global value chains (GVCs) no longer aligned with GDP and trade growth and even amidst rising trade tensions, global GDP and trade, since 2010, have continued to expand at an annual average of 3.4 per cent and 4.2 per cent respectively. In stark contrast, FDI growth has stagnated near zero per cent in the midst of rising protectionism, growing geopolitical tensions and increased investor caution, says the latest UN Trade and Development (UNCTAD) report "Global economic fracturing and shifting investment patterns" launched on 23rd April.

The report examines the complex landscape of global FDI and sheds light on how over the past two decades, transformative shifts driven by technological advances, policy developments and sustainability demands have reshaped globalisation, compelling FDI patterns to adapt in three key aspects.

It emphasises the necessity of integrating sustainability and development into investment strategies and calls for innovative investment strategies to foster inclusive and sustainable economic growth. Here are some key findings.

Second, notes UNTAD, there is a widening gap in investment trends between manufacturing and services sectors with investments increasingly leaning towards services. From 2004 to 2023, the share of cross-border greenfield projects in the services sector grew from 66 per cent to 81 per cent and services-related investment within manufacturing industries nearly doubled to about 70 per cent, driven by technological advances. Simultaneously, FDI in manufacturing was stagnating for two decades before going down significantly, with a negative compound annual growth rate of -12 per cent in the three years after the outbreak of the Covid-19 pandemic.

Diese Geschichte stammt aus der April 27, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der April 27, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE BUSINESS GUARDIANAlle anzeigen
LG direct for immediate appointment of 2,346 Home Guards
The Business Guardian

LG direct for immediate appointment of 2,346 Home Guards

Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.

time-read
1 min  |
November 13, 2024
'Discoms colluding with AAP for windfall gains'
The Business Guardian

'Discoms colluding with AAP for windfall gains'

The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.

time-read
1 min  |
November 13, 2024
Delhi faces unusually high temperatures in Nov
The Business Guardian

Delhi faces unusually high temperatures in Nov

This year, however, daytime temperatures have not fallen below 30 degrees Celsius, with the lowest recorded so far at 31 degrees Celsius.

time-read
1 min  |
November 13, 2024
SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER
The Business Guardian

SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER

The Supreme Court in the case The State of Punjab and Ors. Versus Beant Kumar And Anr modified the Punjab and Haryana High Court order which directed that Punjab municipality elections be notified within 15 days.

time-read
2 Minuten  |
November 13, 2024
HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
The Business Guardian

HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran

During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"

time-read
2 Minuten  |
November 13, 2024
Govt. distributes heaters to curb winter pollution and help night workers
The Business Guardian

Govt. distributes heaters to curb winter pollution and help night workers

The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.

time-read
1 min  |
November 13, 2024
The Business Guardian

OVER 2.7 LAKH VEHICLES FINED FOR LACK OF PUC SINCE JAN 1

Delhi Traffic Police has issued over 2.70 lakh challans to vehicle owners for driving without a pollution under control (PUC) certificate between January 1 and October 31 this year, the highest in three years, official data showed.

time-read
1 min  |
November 13, 2024
AAP TO CONDUCT SURVEY FOR ALL SEATS
The Business Guardian

AAP TO CONDUCT SURVEY FOR ALL SEATS

Ahead of the polls, Kejriwal and other senior AAP leaders are holding gatherings at the district level to prepare the party workers for campaigning. No matter who contests on AAP ticket, the party workers should think as though the former chief minister was fighting on all the 70 seats and should have their allegiance to him only, Kejriwal has said.

time-read
1 min  |
November 13, 2024
The Business Guardian

MCD fines Rs 2.69 cr for violations of dust pollution norms

The Municipal Corporation of Delhi (MCD) has issued fines amounting to Rs 2.69 crore for violation of dust control norms during construction and demolition (C&D) activities between April and October this year, according to official data.

time-read
1 min  |
November 13, 2024
Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Business Guardian

Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'

The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.

time-read
1 min  |
November 13, 2024