IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/33808.html
   My bibliography  Save this book

Global Investment Competitiveness Report 2019/2020

Author

Listed:
  • World Bank Group

Abstract

The Global Investment Competitiveness Report 2019/2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to rebuild investor confidence in times of uncertainty. It focuses on the role of foreign direct investment (FDI) in alleviating the impact of the COVID-19 crisis and boosting countries’ economic resilience. It highlights FDI’s contributions to providing a critical source of external finance, creating jobs, lifting people out of poverty, and raising productivity. The report presents results of a survey of more than 2,400 business executives representing multinational corporations in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. Results of the survey, as well as the report’s new global database of regulatory risk, highlight the critical role of government actions in reducing investor risk and increasing policy predictability for rebuilding investor confidence. The report also assesses the impact of FDI on poverty, inequality, employment, and business performance using firm- and household-level evidence from various countries. It shows that FDI in developing countries yields benefits to firms and workers—including more and better-paid jobs—but governments need to remain vigilant about possible adverse consequences on income distribution. Lastly, the report articulates priorities for investment promotion agencies and other stakeholders seeking to strengthen their countries’ investment competitiveness and leverage FDI for a robust economic recovery.

Suggested Citation

  • World Bank Group, 2020. "Global Investment Competitiveness Report 2019/2020," World Bank Publications - Books, The World Bank Group, number 33808.
    • Handle: RePEc:wbk:wbpubs:33808
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/33808/9781464815362.pdf?sequence=4
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Riccardo Crescenzi & Carlo Pietrobelli & Roberta Rabellotti, 2014. "Innovation drivers, value chains and the geography of multinational corporations in Europe," Journal of Economic Geography, Oxford University Press, vol. 14(6), pages 1053-1086.
    2. Frijters, Paul & Clark, Andrew E. & Krekel, Christian & Layard, Richard, 2020. "A happy choice: wellbeing as the goal of government," Behavioural Public Policy, Cambridge University Press, vol. 4(2), pages 126-165, July.
    3. ., 2019. "Global governance," Chapters, in: Intergenerational Equity, chapter 5, pages 59-89, Edward Elgar Publishing.
    4. World Bank & Government of Vietnam, 2019. "Digital Government and Open Data Readiness Assessment," World Bank Publications - Reports 32547, The World Bank Group.
    5. Ira Millstein & Jeff Gordon & Ron Gilson & Colin Mayer & Kristin Bresnahan & Marty Lipton, 2019. "Session I: Corporate Purpose and Governance," Journal of Applied Corporate Finance, Morgan Stanley, vol. 31(3), pages 10-25, September.
    6. Jean-Michel Sahut & Marta Peris-Ortiz & Frédéric Teulon, 2019. "Corporate social responsibility and governance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(4), pages 901-912, December.
    7. Jacques Morisset & Kelly Andrews-Johnson, 2004. "The Effectiveness of Promotion Agencies at Attracting Foreign Direct Investment," World Bank Publications - Books, The World Bank Group, number 15073.
    8. Hongbo Jiang & Qigan Shao & James J.H. Liou & Ting Shao & Xiaosheng Shi, 2019. "Improving the Sustainability of Open Government Data," Sustainability, MDPI, vol. 11(8), pages 1-27, April.
    9. Filippov, Sergey & Guimon, Jose, 2009. "From Quantity to Quality: Challenges for Investment Promotion Agencies," MERIT Working Papers 2009-057, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    10. Gustavo Crespi & Gabriela Dutrénit (ed.), 2014. "Science, Technology and Innovation Policies for Development," Springer Books, Springer, edition 127, number 978-3-319-04108-7, December.
    11. Multilateral Investment Guarantee Agency & International Finance Corporation & World Bank, 2009. "Global Investment Promotion Benchmarking Report," World Bank Publications - Reports 28205, The World Bank Group.
    12. ., 2019. "Financialising city infrastructure and governance," Chapters, in: Financialising City Statecraft and Infrastructure, chapter 2, pages 31-77, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Quang Linh Huynh & Mohammad Enamul Hoque & Perengki Susanto & Waqas Ahmad Watto & Maryam Ashraf, 2022. "Does Financial Leverage Mediates Corporate Governance and Firm Performance?," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
    2. Vivian Welch & Christine M. Mathew & Panteha Babelmorad & Yanfei Li & Elizabeth T. Ghogomu & Johan Borg & Monserrat Conde & Elizabeth Kristjansson & Anne Lyddiatt & Sue Marcus & Jason W. Nickerson & K, 2021. "Health, social care and technological interventions to improve functional ability of older adults living at home: An evidence and gap map," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(3), September.
    3. Frank Barry, 2006. "Foreign direct investment and institutional co-evolution in Ireland," Working Papers 200603, School of Economics, University College Dublin.
    4. Thierry Madiès & Jean-Jacques Dethier, 2012. "Fiscal Competition In Developing Countries: A Survey Of The Theoretical And Empirical Literature," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-31.
    5. Pietrobelli, Carlo, 2019. "Modern industrial policy in Latin America: Lessons from cluster development policies," MERIT Working Papers 2019-031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. Angerer, Martin & Hoffmann, Christian Hugo & Neitzert, Florian & Kraus, Sascha, 2021. "Objective and subjective risks of investing into cryptocurrencies," Finance Research Letters, Elsevier, vol. 40(C).
    7. Slavo Radosevic & Katerina Ciampi Stancova, 2018. "Internationalising Smart Specialisation: Assessment and Issues in the Case of EU New Member States," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(1), pages 263-293, March.
    8. Belderbos, René & Du, Helen S. & Slangen, Arjen, 2020. "When do firms choose global cities as foreign investment locations within countries? The roles of contextual distance, knowledge intensity, and target-country experience," Journal of World Business, Elsevier, vol. 55(1).
    9. Elena Poliakova & Liesl Riddle & Michael E. Cummings, 2020. "Diaspora investment promotion via public–private partnerships: Case-study insights and IB research implications from the Succeed in Ireland initiative," Journal of International Business Policy, Palgrave Macmillan, vol. 3(1), pages 23-37, March.
    10. Barrell, Ray & Nahhas, Abdulkader, 2018. "Economic integration and bilateral FDI stocks: the impacts of NAFTA and the EU," LSE Research Online Documents on Economics 90372, London School of Economics and Political Science, LSE Library.
    11. Paul Frijters & Christian Krekel & Raúl Sanchis & Ziggi Ivan Santini, 2024. "The WELLBY: a new measure of social value and progress," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.
    12. Barrington-Leigh, C.P., 2024. "The econometrics of happiness: Are we underestimating the returns to education and income?," Journal of Public Economics, Elsevier, vol. 230(C).
    13. Dang, Rey & Houanti, L'Hocine & Sahut, Jean-Michel & Simioni, Michel, 2021. "Do women on corporate boards influence corporate social performance? A control function approach," Finance Research Letters, Elsevier, vol. 39(C).
    14. Alberto Prati, 2024. "The Well‐Being Cost of Inflation Inequalities," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 70(1), pages 213-238, March.
    15. Carlos Bianchi & Pablo Galaso & Sergio Palomeque, 2020. "Invention and Collaboration Networks in Latin America: Evidence from Patent Data," Documentos de Trabajo (working papers) 20-04, Instituto de Economía - IECON.
    16. Huanjia Ma & Raquel Ortega-Argiles & Matthew Lyons, 2024. "UK Levelling Up R&D mission effects: A multi-region input-output approach," MIOIR Working Paper Series 2024-03, The Manchester Institute of Innovation Research (MIoIR), The University of Manchester.
    17. Krekel, Christian & De Neve, Jan-Emmanuel & Fancourt, Daisy & Layard, Richard, 2021. "A local community course that raises wellbeing and pro-sociality: Evidence from a randomised controlled trial," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 322-336.
    18. Leruth, Luc & Mazarei, Adnan & Regibeau, Pierre & Renneboog, Luc, 2022. "Green Energy Depends on Critical Minerals. Who Controls the Supply Chains?," Discussion Paper 2022-024, Tilburg University, Center for Economic Research.
    19. Ganau, Roberto & Kilroy, Austin, 2023. "Detecting economic growth pathways in the EU’s lagging regions," LSE Research Online Documents on Economics 115162, London School of Economics and Political Science, LSE Library.
    20. de Jong, Gjalt & Phan, T. Binh & van Ees, Hans, 2011. "Does the meta-environment determine firm performance? Theory and evidence from European multinational enterprises," International Business Review, Elsevier, vol. 20(4), pages 454-465, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:33808. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.