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Locational criteria of activities related to innovation: An econometric study of industry-level data for OECD countries
- Source: Transnational Corporations, Volume 20, Issue 2, Dec 2011, p. 67 - 111
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- 31 Dec 2011
Abstract
Global foreign direct investment (FDI) flows rose moderately to $1.24 trillion in 2010, but were still 15 per cent below their pre-crisis average. This is in contrast to global industrial output and trade, which were back to pre-crisis levels. UNCTAD estimates that global FDI will recover to its pre-crisis level in 2011, increasing to $1.4–1.6 trillion, and approach its 2007 peak in 2013. This positive scenario holds, barring any unexpected global economic shocks that may arise from a number of risk factors still in play.
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