FDI drops and MIGA innovates

IFC Insights

Stormy Waters for Business in Emerging Markets

As the sun set on the Landwasser valley in eastern Switzerland and this year’s World Econonomic Forum (WEF) Annual Meeting in Davos, government, business, and civil society leaders from across the globe headed home to promote the forum’s mandate of bold collective action to address ongoing crises.

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FDI drops and MIGA innovates

As investment into developing nations drops, MIGA innovates. miga_hero.jpg

The United Nations Conference on Trade and Development recently reported that global foreign direct investment (FDI) flows dropped by almost a third in the second quarter of 2022, with flows to several emerging regions down significantly and flows to Africa near zero. The outlook for FDI next year is gloomy at best.

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Remittance Flows Register Robust 7.3 Percent Growth in 2021

WASHINGTON, Nov 17, 2021 — Remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021. This return to growth is more robust than earlier estimates and follows the resilience of flows in 2020 when remittances declined by only 1.7 percent despite a severe global recession due to COVID-19, according to estimates from the World Bank’s Migration and Development Brief released today.

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