Latin America and the Caribbean are hubs for foreign direct investment (FDI), playing a crucial role in the economic growth of the region. The Economic Commission for Latin America and the Caribbean (ECLAC) is set to unveil the latest figures on FDI in the region on August 1, led by ECLAC’s executive secretary, José Manuel Salazar-Xirinachs. This annual report titled “Foreign Direct Investment in Latin America and the Caribbean 2024” not only presents the evolution of FDI flows globally, regionally, and nationally but also offers proposals to enhance FDI in the region.
Key points from the report include:
- The publication delves into the FDI received by each country and subregion in 2023, highlighting trends and policies influencing these investments.
- ECLAC puts forth 17 guidelines aimed at increasing FDI and boosting its impact on productive transformation at national and subnational levels.
- The report analyzes the strategies for attracting FDI in Latin America, comparing them to other regions worldwide to provide insights for economic development policies.
- Emphasizing the importance of FDI in productive development, the report suggests guidelines to leverage FDI for economic growth in Latin American and Caribbean countries.
Furthermore, the report explores the nuances of FDI policies on a subnational level through case studies, pinpointing strategies that maximize the benefits across different territories within the region.
In conclusion, the forthcoming ECLAC report is poised to shed light on the state of FDI in Latin America and the Caribbean, offering invaluable insights and recommendations to capitalize on this vital source of resources for sustainable economic development. Stay tuned for the launch on August 1 to delve into the future of FDI in the region.
