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Image header Agence Europe
Europe Daily Bulletin No. 8490
Contents Publication in full By article 44 / 53
ECONOMIC INTERPENETRATION / (eu) investments

According to the preliminary statistics of the last annual report by the OECD (Organisation for Economic Cooperation and Development) on Foreign Direct Investment (FDI) in the thirty OECD member countries ("Trends and Recent Developments in Foreign Direct Investment") flows in DIA have sharply fallen in 2002 in relation to 2001. The amounts in fact reached USD 490 bio in 2002 as opposed to USD 614 bio in 2001 (a fall of 20%) and they are expected to fall further in 2003. According to the OECD, the sluggishness of the world economy, the relative weakness of the stock markets, the uncertainty on the international securities markets and high levels of debt in sectors that were previously expanding strongly, such as telecommunications, are essential factors for this fall. The fall in investments is especially felt in the USA and the UK. In the USA DIA fell sharply from USD 131 bio in 2001 to USD 30 bio in 2002. After being the world's undisputed leader in OECD countries, they are now giving way to China, which is now ahead with entries of USD 53 bio, France USD 48.2 bio, Germany USD 38.1. they are closely followed by the Netherlands USD 29.2 bio. In the UK, entries only reached USD 25 bio in 2002, putting it in sixth place, as opposed to USD 62 bio in 2001. Outgoing DIA decreased to a lesser extent: in 2002 it was USD 607 bio as opposed to USD 690 bio the year before. The attraction of countries like Austria (-73%, Hungary, Norway, Tunisia (-60%), as well as Denmark, South Korea and Mexico (-40% to -50% fell sharply. The big investor country, the USA remains stable (USD 12.5 bio in outflows as opposed to USD 127.8 bio the year before.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT