Report: UNCTAD review of national and international investment policy developments

Overall, the study says, recent policy developments (occurring in the period between October 2008 and June 2009) paint a comforting picture. Few new laws and regulations could be characterized as being "restrictive" towards FDI. Instead, the crisis has triggered new efforts by countries to promote and facilitate FDI and to enhance the clarity and stability of their investment frameworks.

However, the report cautions that there is no room for complacency, as economic stimulus packages could give rise to what can be labeled as "smart" protectionism. Furthermore, the study says, protectionist pressures could still arise from the spreading of the crisis to less-affected economic sectors and countries, and a new wave of economic nationalism could occur in the aftermath of the crisis, when the exit of the State from bailed-out flagship industries might lead to the protection of "national champions" from foreign takeovers."

For downloading the Report:
http://www.unctad.org/en/docs/webdiaeia20099_en.pdf

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