What drives foreign direct investment (FDI)? How does it contribute to development? What can governments do to maximize the benefits of FDI in developing countries?
The Investment Competitiveness Forum, hosted by the Trade & Competitiveness Global Practice of the World Bank Group in Vienna, Austria, discussed these and other critical questions with senior policymakers, executives of multinational corporations, donor partners, academia, and World Bank Group staff.
The first day of the event featured the launch of the Global Investment Competitiveness Report. This groundbreaking research from the IFC and World Bank Group reveals the results of a survey of 750 executives of multinational corporations, who identify a business-friendly legal environment as a key driver of investment decisions. The report also explores how policymakers and local companies can derive growth and other benefits from FDI in their markets.
Following the report launch, the Investment Competitiveness Forum recognized developing country governments that have taken significant steps to implement investment policy reforms.
This event was by invitation only.