1945

Recent features of foreign investment in selected ECAFE countries

This chapter brings together foreign private investment data collected from regional host country sources, many virtually for the first time. Much of the data relates to approval values of foreign investment projects promoted, or registered, by the agencies responsible for the administration of national laws and regulations concerning foreign capital. No attempt has been made to reconcile approval-basis data with balance of payments data. While differing from actual inflows realized over a given time period, approvals are valuable because they indicate (a) magnitudes, types, sources and allocations of planned investments, (b ) investors’ intentions, without distortion by such exogenous factors as construction delays and other lags or lapses caused by problems of implementation, and (c) the directions in which host countries seek to channel foreign investment. However, approvals, or even registrations, do not generally reflect the entire picture of foreign investments because of the limited scope of investment promotion programmes and the difficulty of monitoring mediumand small-size non-corporate capital inflows. Furthermore, reinvestments of unremitted earnings and investments in branches of foreign companies are often not included. Because of non-compatibility in the definitions underlying the available data, each country is taken up separately, and no regional tabulations are attempted.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789210599238s002-c004
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error
aHR0cHM6Ly93d3cudW4taWxpYnJhcnkub3JnLw==