Under Hugo Chávez a 2001 law placed limits on foreign investment.

The basic legal structure for foreign investment in Peru is formed by the 1993 constitution, the Private Investment Growth Law, and the November 1996 Investment Promotion Law.

Of particular note were the establishment of democracy and the adoption of a judicial code that would encourage FDI.

Foreign direct investment

A liberal foreign investment law was approved in June 1994, and a law on privatisation was adopted in 1997, as well as a program of state property privatisation.

Losing the Foreign Investment Race

How to Boost Foreign Investment

Foreign direct investment

The Benefits of Chinese FDI

In the case of ASEAN, intraregional FDI accounts for close to one fifth of the total FDI.

Beware of FDI Protectionism

Ireland showed the importance of foreign direct investment.

The impact of FDI on development

Emerging FDI from developing countries

Obstacles to OFDI

Foreign direct investment flows can, and should, be encouraged.

) To the extent that these agreements protect investment and open up industries for FDI, they facilitate OFDI from developing countries.

FDI by SMEs involved evaluation of investment locations based on a set of variables which could be clustered under markets, costs, natural resources, infrastructure framework, policy framework and business promotion and support factors.

The shift of FDI to services

Outward FDI from developing countries

Table 2. FDI outflows as a percentage of gross fixed capital formation in selected economies, 2001 2003a (concluded)

The case of South South FDI

Drivers and motivation of OFDI

One of the reasons for this is that in most Latin American and Caribbean countries, FDI policies focus on attracting large quantities of FDI and do not pay much attention to the nature of FDI.

Luxembourg and Spain, both major recipients of FDI in 2003, received lower FDI inflows last year.

The Expert Meeting will focus on the issues of FDI data compilation and analysis and its role in the formulation of FDI policies from a development perspective.

The country has sought to attract FDI for many years, establishing special economic zones for foreign investment.

Some experts stressed that policies had been traditionally oriented to attract FDI and were not really defined as promoting outward FDI.

Does OFDI increase competitiveness of firms and how could competitiveness from OFDI be measured?

Policy measures that support OFDI 13

OFDI and enterprise competitiveness

The bottom line is that the investment climate for foreign direct investors is becoming less welcoming.

The UNCTAD secretariat introduced the central features of the IPR, starting with the recent trends in foreign direct investment.

The Minister of Investment of Egypt set out the Government's objectives and policies with regard to attracting foreign direct investment.

Such FDI policies include investment subsidies, tax abatements, and exemptions from domestic regulation and laws.

The representative of the International Monetary Fund (IMF) focused on the investment climate and the creation of an environment conducive to FDI.

Without a viable legal system, foreign investment will remain elusive.

The first is the high return on foreign investment in China.

The government has also sought to attract foreign investment and promote economic diversification.

report of the expert meeting on the impact of fdi on development

Additionally, there was great competition for FDI, so to be good was not sufficient a country had to be better or even the best to attract FDI.

(iii) Encourage the participation of foreign private investment in infrastructure development

Source UNCTAD, FDI TNCs database.

Expert Meeting on Capacity Building in the Area of FDI

The former include the decentralization of FDI promotion, the development of training programmes for staff involved in investment promotion, and initiatives to educate civil society about FDI and its development impact.