by Karen Coppock
______________
The Vale Columbia Center (a joint effort between Columbia Law School and the Earth Institute at Columbia University) published some interesting briefs on outward FDI that are worth reading. These include briefs on China, India and Brazil.
China: Refutes anecdotal evidence that most outward FDI from China is directed toward Africa (actually stays within Asia) and is focused on natural resources (actually focuses in the service industry). Confirms the fact that most of the investments are made by state owned enterprises, although that appears to be changing.
India: After several years of near triple digit growth in outward FDI, investments began to decrease in 2008 and continue to do so in 2009. The global economic downturn and credit crunch are playing a large role in this decrease as are the depreciation of the rupee and decreases in export earnings.
Brazil: In contrast to China, the vast majority of Brazil's outward FDI is investments made by private sector firms in developed countries. Similar to China, however, it too focused its outward FDI on the services sector, specifically financial services. The main inhibitor of outward FDI seems to be tax-related, with double taxation a common concern.
Subscribe to:
Post Comments (Atom)
1 comment:
We all would want to have a place where we could rest,relax and be comfortable right? specially when we travel, so here's the perfect place where you could stay and have the comfort that you want and yet wont cost you that much.
Hostels in Arraial da Ajuda
Post a Comment