Latin America and the Caribbean

Inward foreign direct investment (FDI) in Latin America and the Caribbean was comparatively low between the early 1970s and the early 1990s, and even declined during a part of the “lost decade” of the 1980s. This was largely a consequence of poor economic performance, mainly resulting from the debt crisis in the region. From 1991 onwards, however, this trend was reversed, as Latin America began to receive substantial and growing FDI inflows. Even Mexico’s 1994-1995 peso crisis did not discourage foreign direct investors. Indeed, during 1995-1997, FDI flows into the region grew more than twice as fast as flows to all other developing countries as a whole.

Sustainable Development Goals:

Decent Work and Economic Growth