Latest News
Transnational corporations are increasingly optimistic about the international investment environment and their own prospects for FDI this year and beyond, according to UNCTAD's World Investment Prospects Survey 2010-2012.
In response to the global crisis, IMF and FSB have made several recommendations (see more) related to FPC monitoring. These include more effective capturing and monitoring of risk in the financial sector; financial linkages of systemically important financial institutions; cross-border banking flows; investment positions and exposures; vulnerability of domestic economies to shocks; and effective communication of official statistics to enhance awareness of available data for policy purposes.
This review of current practices among the 100 largest institutional investors reveals: most large Transnational corporations (TNCs) recognise the importance of CSR yet their standard of communication varies widely. Responsible investment practices have become common features of the world's 100 largest pension funds. At least basic climate change related information is now reported by most large TNCs, but with significant inconsistencies and inadequacies. A number of voluntary initiatives are taking a leading role in designing and facilitating CSR and responsible investment instruments.
Uganda disseminated preliminary results for its Private Sector Investment Survey 2009 in July. This covered data for 2007-8, and tracked the impact of the global economic crisis. The preliminary report is now available online, along with reports for its earlier surveys.
In March 2010, the UK Department for International Development asked DFI to survey developing countries' views of multilateral institutions' performance, to inform its decisions on where to allocate its funding for the next five years. The full report is now being published. It could also be read in conjunction with developing country views on the IMF and World Bank, assembled for the G20 in Freetown and London.
Oxfam commissioned DFI to report on the impact of the global financial crisis on low-income countries' budgets, and their spending to reach the Millennium Development Goals. The report can be seen here, and for press coverage in the Guardian see here.
At the request of the Government of Sierra Leone, Development Finance International commissioned Nancy Alexander, Director of the Economic Governance Programme at the Heinrich Boell Foundation in Washington, to analyse how to improve the World Bank resource allocation system to benefit African countries. The report resulted in the creation of an African Task Force on the CPIA. The declaration of the African Caucus meeting is available here.
New information is available on the Private Capital Flows pages. The Trends pages have been reorganised, and link to downloads from recent synthesis analysis split into scale and composition, and sources and destinations. The Investment Climate page has been simplified, and recent synthesis analysis may also be downloaded. We expect to add findings from country reports to these pages as they become available.
A total of US$268 million owed by Haiti will be cancelled under the new Post-Catastrophe Debt Relief Trust Fund (more details here ) set up by the IMF to assist very poor, highly indebted countries hit by natural disasters. Haiti will also receive a US$ 60 million loan under the Extended Credit Facility over 3 years with zero interest rate until end-2011, and will benefit from a technical assistance package aimed at encouraging private credit and investment. For the IMF press release, click here.
Latest analytical reports from The Gambia and Ghana are now available for download. The Gambia report tracks the unfolding impact of the global economic crisis, and the expansion of dynamic sectors including finance, real estate and tourism. The Ghana report describes the results of its pilot survey, and finds significant levels FDI and other investment.







