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FEBRUARY 18, 2000, VOLUME 26 NUMBER 6
Monitor
Foreign Investment on the Rise
Global foreign direct investment (FDI) for 1999 was $827 billion, about 25% more than in 1998. Cross-border mergers and acquisitions drove that growth and will for 2000, too. For developing Asia, FDI inflows remained fairly static at around $91 billion for the last two years. But Japan's economic liberalization encouraged foreign inflow by almost a factor of five, from $3 billion in 1998 to $14 billion in 1999. For the first time since 1988 the U.K. surpassed the U.S. in leading the world in terms of how much money left the country for overseas investments.
Source: UNCTAD
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