Foreign Direct Investment as a Key Driver for Trade, Growth and Prosperity: The Case for a Multilateral Agreement on Investment
Foreign direct investment (FDI) is a powerful instrument for growth and development, and is key to enhancing prosperity worldwide and boosting the global economy. Building on its previous work on the subject, the Global Agenda Council on Global Trade and FDI has been examining ways to encourage more FDI in both developed and developing countries.
Their findings are presented in Foreign Direct Investment as a Key Driver for Trade, Growth and Prosperity: The Case for a Multilateral Agreement on Investment. Organized into seven sections, each written by a different Council member, the report shows how various barriers and distortions are preventing FDI from reaching its full potential.
In addition, the fragmented nature of FDI governance makes for a confusing environment for investors and governments, and in today’s trade reality the time has come to make a first step towards negotiating a multilateral agreement on investment to reach better goverenance and enhance trade, growth and prosperity.
Published by the Global Agenda Council on Global Trade and FDI