The third issue of the Monitor reports that foreign direct investment (FDI) flows during the fourth quarter of 2009 remained relatively stable, but were not nearly at the levels of 2007 and 2008. UNCTAD´s FDI Global Quarterly Index for the quarter was 117.4, as compared to 154.1 for the fourth quarter of 2008.
Prospects for the first quarter of 2010 are better, however, the Monitor says. It cites improvements in the global business environment, a growing optimism among executives of transnational corporations (TNCs) about their companies´ business prospects, and a rise in the value of cross-border mergers and acquisitions.
Only a few economies - among them China, Hong Kong (China), and Ireland -- showed higher FDI inflows for the final quarter of 2009 than the quarterly average for 2007, the Monitor reports.