The amount being directly invested worldwide grew by 9% in 2013 but the world may face a sizeable gap when it comes to assuring sustainable development
A new report by the United Nations Conference on Trade and Development (UNCTAD) has shown that Foreign direct investment (FDI) inflows grew year-on-year to $1.45tn in 2013. It expects that to rise to $1.6tn in 2014, $1.75tn in 2015 and $1.85 tn in 2016.
Before we go any further, let's just give the World Bank's definition of FDI outflows and inflows:
FDI net inflows are the value of inward direct investment made by non-resident investors in the reporting economy. FDI net outflows are the value of outward direct investment made by the residents of the reporting economy to external economies.
Mainly for basic infrastructure (roads, rail and ports; power stations; water and sanitation), food security (agriculture and rural development), climate change mitigation and adaptation, health, and education.
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