Posted on Jan 25, 2021, 11:43 a.m.Updated Jan 25, 2021, 12:27 PM
The numbers, unsurprisingly, are catastrophic. The Covid-19 pandemic has generated a collapse in investment around the world. According to published statistics , Sunday evening, by the United Nations Conference on Trade and Development (Unctad), foreign direct investment (FDI) flows plunged by 42% to 859 billion dollars in 2020. And the trend for 2021 does not is hardly encouraging. The UN agency predicts a further drop of 5 to 10% in flows in a global economy which remains gripped by the pandemic crisis.
The risks associated with the latest wave of the pandemic, the pace of deployment of immunization programs and economic support programs, the fragile macroeconomic situation in major emerging markets and the uncertainty over the global policy environment for investment are all brakes for investment, explains the agency.
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