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United States: Developing countries to attract US$ 416-B FDI in 2010, says World Bank.
Section: Business News - Net foreign direct investment flows (FDI) into developing countries are projected to increase by 17 percent to reach US$ 416 billion this year, as global investors are optimistic about prospects for a global economic recovery led by the developing world, a World Bank Thursday report revealed.
By providing much-needed financial resources, technology transfer, managerial expertise, and connections to the global economy, FDI can help generate and sustain economic growth and promote development, both essential to stability, noted the report entitled "World Investment and Political Risk" released by World Bank's Multilateral Investment Guarantee Agency …
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