Financial crisis triggers fall in foreign direct investment to/from developed countries; Set to rise in 2010; FDI inflows to Ireland turned negative in 2008

Sep 18th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The financial crisis has resulted in a fall in foreign direct investment (FDI) to and from developed countries as a whole and have modified their role in the global investment landscape, the United Nations' trade body  UNCTAD´s annual survey of investment trends shows. FDI inflows to Ireland turned negative in 2008. Total inflows will drop below $1.2 trillion this year from $1.7 trillion in 2008 and an all-time high of $2 trillion in 2007. However, UNCTAD said a pickup in mergers-and-acquisitions activity as governments start to sell stakes in banks and other businesses acquired during the financial crisis should lead to an increase in foreign-direct-investment flows to $1.4 trillion in 2010 and $1.8 trillion in 2011.

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