Global trends: The expanding international production system

Foreign direct investment (FDI) flows continue to set new records. In 1999, global inflows reached $865 billion, an increase of 27 per cent over the previous year. FDI flows to developing countries, after stagnating in 1998, seemed set to resume their earlier growth trend. Their value reached $208 billion, an increase of 16 per cent over 1998. The driving force behind the 1999 increase in FDI continued to be cross-border mergers and acquisitions (M&As), accounting for a substantial share of total flows — a higher share in developed and a lower share in developing countries.

Sustainable Development Goals:

Decent Work and Economic Growth