Rather than securing investment for productive sectors of the economy, the financial industry has become adept at securing investment in itself.

Front loaded public investment could be funded through an enhanced European Investment Bank.

Investment policies should extend to both domestic and foreign direct investment.

Stronger safety net programs might reduce the need for precautionary savings in the future, but such reforms cannot be accomplished overnight.

Too Much Saving, Too Little Investment

Investment suffered.

Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project.

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

Beware of FDI Protectionism

The Government would be following up on the implementation of the recommendations of the IPR, which related to modernizing the FDI entry regime, strengthening Board of Investment (BOI) core functions and reforming the tax regime on investment.

The ICSID and its jurisprudence thus became a central part of international investment law and policy.

The representative of Afghanistan underscored that institutional reforms to promote predictability and transparency in the investment area had been put in place in his country, and an IPR under an Invest in Peace type of initiative could help his country to pursue reforms and adjustments to attract FDI.

The panellist from Pakistan gave an overview of his country's investment climate, pointing to sectors in which investment had occurred and those in which more investment was needed.

International investment disputes arising from investment agreements are on the rise, at times involving tens of millions of dollars.

Emerging FDI from developing countries

(e) Greater reliance on investment income

The Best Investments

Investment costs

Second, investment in real estate development accounts for nearly one quarter of the total.

This agency acts as a one stop shop and as the focal point for investment promotion activities.

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.

It was also reported that UNCTAD had carried out an assessment of the investment promotion capacity of the national investment promotion agency (Agence Nationale de Développement de l'Investissement).

Its stock of foreign capital will increase steadily as foreign firms invest and reinvest in China.

These institutional frameworks are perhaps more effective in supporting OFDI than are OFDI incentives per se.

In Djibouti, the installation of the Investment Gateway, which is an Internet based interactive platform for investment promotion, is under way.

Mr. Darmawan Djajusman, Director of Investment Deregulation, Investment Coordinating Board, Indonesia

Nothing is more important than investing in maternal health.

Outward FDI from developing countries

The investment will pay for itself in less than two years.

The investment policy reviews and investment guides produced by UNCTAD had been valuable in improving the investment policy environment in those countries.

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.

Special attention will be given to promoting in developed countries the opportunities generated by and in connection with these integrated programmes, especially those focused on the development of trade capacities and sector enterprise upgrading.

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

A World of Underinvestment

Why Public Investment?

Investment, enterprise and technology

The China Investment Challenge

The Quest for Investment

Foreign direct investment

Investing in development

For example, the Government of China is promoting outward FDI by providing loans on preferential terms, tax rebates and investment insurance.

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

In particular, the Thai Exim Bank and the Board of Investment have been providing facilities (e.g. information, outward investment missions) to help Thai firms venture abroad.

The EIB should expand its lending.

Less investment will mean less capital deepening.