The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
This paper assesses the role of climate policies as a catalyst of low carbon technologies deployment through foreign direct investment (FDI). Leveraging detailed cross-border project-level information, it identifies “green” FDI and finds that a higher number of active climate policies is associated with higher levels of green FDI inflows. Importantly, …
Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%) over 2022, defying expectations as recession fears early in the year receded and financial markets performed well. However, economic uncertainty and higher interest rates did affect global investment. The headline increase was …
Asia and the Pacific witnessed US$ 302 billion worth of Greenfield projects announced in the January to September 2023 period, a staggering 35 per cent increase compared with the same period in 2022, when US$ 224 billion had been recorded. 2023 appears to be on track to match – and …
Developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022. These costs shifted scarce resources away from health, education, environment and other critical areas, the World Bank’s latest International Debt Report showed. Debt-service payments, which include principal and interest, increased by 5 …
The Asia-Pacific Trade and Investment Report (APTIR) is a biennial publication prepared by the Trade, Investment and Innovation Division of the United Nations Economic and Social Commission for Asia and the Pacific to provide insights into the impact of recent emerging developments in trade and foreign direct investment on countries’ …
Increasing private investment is critical to meeting the growing energy needs in developing countries. Foreign direct investment (FDI) can contribute significantly—by bridging the financing gap but also by facilitating knowledge and technology transfer. A key factor impeding the ability of countries to attract and retain FDI is political risk - …
The Rwanda Economic Update No. 21 reviews the country’s macroeconomic performance and prospects and includes a special section focusing on the impact of foreign direct investment (FDI) on the domestic economy. After growing by 8.2 percent in 2022, Real GDP expanded by 9.2 percent in the first quarter of 2023. …
Developing countries face an investment gap of $2.2 trillion annually for the energy transition, out of a $4 trillion annual funding gap for the Sustainable Development Goals, according to this new report by the United Nations Conference on Trade and Development (UNCTAD). UNCTAD’s World Investment Report 2023 reveals a widening …
The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in 2024, representing a 0.1 per cent fall on its January projections. Global inflation is also heading down, signalling …
This report shows how smart trade and investment policies, and regulatory cooperation in the Asia and Pacific region can help economies tackle climate change, recover from the pandemic, and support resilient and sustainable development. Analyzing topics including global value chains, investment, the movement of people, and regional cooperation initiatives, it …
The ongoing COVID-19 pandemic has exposed the cracks in the current health sector. From 2019 to 2020, investment in the health-care sector dropped by 45 per cent and continued to decline in 2021 to 34 per cent in the first three quarters of 2022. Globally, greenfield investment in the health …
The creation of the African Continental Free Trade Area (AfCFTA) provides a unique opportunity to boost growth, cut poverty, and reduce Africa’s dependence on the boom and-bust commodity cycle. A World Bank (2020) report estimates that the AfCFTA has the potential to raise income in the continent by 7 percent …
Flows of foreign direct investment (FDI) recovered to pre-pandemic levels last year, hitting nearly $1.6 trillion but the prospects for this year are grimmer the latest UNCTAD World Investment Report said.The report entitled "International tax reforms and sustainable investment" said that to cope with an environment of uncertainty and risk …
India’s economy could prove to be the “most resilient” in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country’s large market will continue to attract investments. The …
The study provides a critical assessment of the implications of COVID-19 pandemic on the country’s fiscal consolidation path and identify alternative policy options for mitigating the high risk of debt distress. The study customizes the Middle Income Countries Debt Sustainability Analysis (MIC DSA) model by the International Monetary Fund (IMF) …
Global flows of foreign direct investment have been severely hit by the COVID-19 pandemic. In 2020, they fell by one third to $1 trillion, well below the low point reached after the global financial crisis a decade ago. Greenfield investments in industry and new infrastructure investment projects in developing countries …
In 2020 the Nigerian economy shrank by 1.8%, its deepest decline since 1983. The COVID-19 crisis drove the economic slowdown; the external context was marked by capital outflows, intensified risk aversion, low oil prices, and shrinking foreign remittances. The Nigeria Development Update Resilience through Reforms states that reforms implemented by …
The Insurance (Amendment) Bill, 2021 was introduced in Rajya Sabha by the Minister of Corporate Affairs, Ms. Nirmala Sitharaman, on March 15, 2021. The Bill amends the Insurance Act, 1938. The Act provides the framework for functioning of insurance businesses and regulates the relationship between an insurer, its policyholders, its …
The study evaluates the role of R&D;, human capital, and technology spillovers in influencing India’s long-run productivity growth. The primary contributions of the article are: analyzing the applicability of various endogenous growth models in the Indian context, while only R&D; driven endogenous growth models have been studied so far, highlighting …
This paper proposes a model that sheds light on foreign direct investments in farmland. Countries can obtain food from other countries through international trade as well as by means of foreign land acquisition to offshore production. In equilibrium, bilateral trade and investment decisions are a function of cross-country differences in …
