World Investment Report 2004: The Shift Towards Services

Publisher:
UN Conference on Trade and Development
Publication Date:
22 September 2004
Tags:
Economy, Business and Finance, Environment

Global inflows of foreign direct investment (FDI) declined in 2003 for the third year in a row, to $560 billion. This was prompted again by a fall in FDI flows to developed countries: at $367 billion, they were 25% lower than in 2002. Prospects for 2004, however, are promising. Cross-border mergers and acquisitions (M&As) – still low at $297 billion in 2003 – began to pick up. They rose by 3% in the first six months of 2004 over the same period in 2003.

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