Why global FDI flows fell sharply in 2018
A change in US tax policy last year led to a drastic rise in FDI outflows, a new OECD report says
The year 2018 was one of turbulence for the global economy, with volatility in oil prices, and US-China trade conflict hitting global growth. A new report by the Organization for Economic Co-operation and Development (OECD) shows that global foreign direct investment (FDI) flows, one of the critical indicators of economic activity, decreased by 27% to $1.1 trillion in 2018 from the previous year.
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