Global Investment Trend Monitor Report: UNCTAD
Recently the Global Investment Trend Monitor Report of the United Nations Conference on Trade and Development (UNCTAD) was published.
Key findings of the report:
- According to this report, the inflow of foreign direct investment into India in the year 2021 was 26% less than in 2020.
- Global FDI inflows showed a strong rebound in 2021. It rose 77% to $1.65 trillion. In the year 2020, FDI inflows stood at $929 billion.
- The recovery of investment flows to developing countries is encouraging. However, in less developed countries, stagnation in production capacity and new investment in industries critical to key Sustainable Development Goal (SDG) sectors such as food, health and electricity is a major cause for concern.
FDI inflows into India and China
FDI inflows into India declined by 26% as the large M&A deals entered in 2020 were not repeated. Whereas FDI in China increased by 20% to $179 billion.
UN Conference on Trade and Development (UNCTAD)
- Established in 1964, the United Nations Conference on Trade and Development (UNCTAD) promotes the development of developing countries by promoting their integration into the world economy.
- It is a permanent intergovernmental body, and is headquartered in Geneva, Switzerland.
- It was established by the United Nations General Assembly. It submits its reports to the United Nations General Assembly as well as the United Nations Economic and Social Council.
Some of the reports published by (UNCTAD) are:
- Commodities and Development Report
- World Investment Report
- Trade and Development Report
- Technology and Innovation Report
- The Least Developed Countries Report
- Information and Economy Report
Source: The Hindu