61. Foreign Direct Investment: Key Issues for Promotion Agencies
- Author:
- Sergey Filippov, Iornara Costa, and Mariana Zanatta
- Publication Date:
- 10-2006
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- The growing importance attached to attracting foreign direct investment (FDI) is evidenced by the steady rise of investment promotion agencies (IPAs) worldwide, especially from the early 1990s. Since its launch in 1995, the World Association of Investment Promotion Agencies (WAIPA) has registered a growing number of members representing cities, regions, countries and free zones from all over the world: from 112 in 2002, 161 in 2004, rising to 191 members from 149 countries in 2006. According to the United Nations Conference on Trade and Development (UNCTAD) there were around 500 IPAs in more than 160 countries in 2004.
- Topic:
- Foreign Policy, Development, Economics, and International Trade and Finance
- Political Geography:
- United Nations