International Investment Perspectives 2003
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International Investment Perspectives 2003

Foreign Direct Investment (FDI) has cooled dramatically. Many OECD countries are presently recording inflows of less than 25% of what they received just two years ago. However, developing countries and transition economies have been less affected by the decline. They now receive more than a third of worldwide FDI flows, underscoring the potential of direct investment to act as a catalyst for growth and sustainable development.

This volume contains an assessment of trends and recent developments, an article on China's investment policy reform, an article on policies and incentives for attracting foreign direct investment, a special focus on transparency and investment, and a report on a survey of implementation of methodological standards for direct investment.

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Chapter
 

Special Focus

Transparency and Investment You do not have access to this content

English
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Author(s):
OECD

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Among OECD countries and beyond a consensus is developing about the importance of public sector transparency. Above all, transparency is an essential ingredient for effective public policy and sustainable growth. In the specific context of international investment, transparency of the rules guiding cross-border transactions, including the provisions laid down in international investment treaties, is of obvious importance for investors. But the issues involved are much broader. The overall level of public sector transparency in host countries – whether linked with the rule of law, procedural fairness, integrity and public involvement in the political process – is recognised as one of the key factors that make investors, foreign and domestic alike, decide where, and whether, to invest. This special focus sheds light on these issues, drawing on the experiences from individual OECD member countries and in the context of international investment instruments...

 
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