Quality FDI Matters for Economic Development and Growth
Updated on 16th Nov., 2016
“The Vienna Investment Conference: Quality FDI, Development and Growth” which was co-organized by UNIDO as well as Holger Görg and his team at the Kiel Institute for the World Economy took place in mid-September in Vienna, Austria. At the conference, the Director General of UNIDO Yong Li emphasized that “Quality FDI is a key driver for growth of domestic enterprises and improvement of the overall investment climate, provided the right policies and incentives are designed to strategically direct such investments towards target areas with high growth potential. Quality FDI, driven by the activities of multinational enterprises, can help achieve inclusive and sustainable industrialization, foster innovation and build resilient infrastructure, as set out in Sustainable Development Goal 9.
The relevance of quality FDI in improving the quality and sustainability of global supply chains is a key aspect that will be intensively investigated by various projects in the KCG. The KCG is an interdisciplinary research centre of globalization which aims to become a bridge between researchers and policy makers to enable transfer of knowledge and to provide a voice that communicates research results centred on globalization-related issues to society at large.
A new KCG Policy Paper from Theodore H. Moran, Holger Görg and Adnan Seric which aims at identifying the obstacles to attracting quality FDI in middle-skill manufacturing activities and at providing an action-agenda for policies for emerging and developing economies is available here: