In the year 2007, world has witnessed an improvement in the total foreign direct investment by 17.8% compared to 2006. In 2006 the figure was 1305.9 billion dollars and in 2007 the figure became 1537.9 billion dollars.
Among the developed economies of the world Netherlands has had the highest percentage increase in the foreign direct investment received. It got 104.2 billion dollars in 2007 compared to 4.4 billion dollars in 2006. This was an improvement of 2285.1% .
The second in this case has been France, which has collected foreign direct investments worth 123.3 billion dollars, compared to 81.1 billion dollars in 2006. This is an improvement of 52.1%.
The economically developing countries have also been doing well in the recent years in the context of receiving foreign direct investment. In the year 2006 they received 379.1 billion dollars through foreign direct investment and in 2007 the amount went up to 438.4 billion dollars.
This was an increase of 15.7%. The highest grosser in Africa was Morocco, who got 5.2 billion dollars in 2007 compared to 2.9 billion. This was an increase of 78.6% from 2006. However, the African continent has received only 35.6 billion dollars in 2007 compared to 35.5 billion dollars in 2006.
This has meant an improvement of only 0.1%. In Africa the second country in terms of foreign direct investment has been Egypt. It has earned 10.2 billion dollars in 2007 and in 2006 it had earned 10 billion dollars by way of foreign direct investment.
In the Latin America and the Caribbean region there has been a marked improvement in the foreign direct investment received by the country. In 2006 the figure was 83.8 billion dollars and in 2007 the amount was 125.8 billion dollars.
The leader in this zone has been Brazil with a 99.3% increase in the foreign direct investment received by Brazil. In 2006 the amount was 18.8 billion dollars and in 2007 the amount was 37.4 billion dollars. In this area Mexico has been the second highest grosser with a 92.9% increase in the foreign direct investment. It had earned 36.7 billion dollars in 2007 compared to 19 billion dollars in 2006.
In the Asia and Oceania area there was an improvement of 6.6%. In 2006 the foreign direct investment was 259.8 billion dollars and in 2007 the amount was 277 billion dollars. Malaysia has been the leader in Asia and Oceania with foreign direct investment worth 9.4 billion dollars compared to the 6.1 billion dollars in 2006. This has meant an improvement of 54.4%.
As far as the transitional economies are concerned the foreign direct investment received by them has been on the higher side in 2007 compared to 2006. In the year 2006 the amount was 69.3 billion dollars and in 2007 the amount stood at 97.6 billion dollars.
This was an improvement of 40.8 billion dollars. The Russian Federation has been the highest grosser in this region. It had earned 28.7 billion dollars in 2006 and in 2007 it earned 48.9 billion dollars by way of foreign direct investment. This was an improvement of 70.3%.
With a traumatic implosion – economic, financial, political, and social – now taking place in Greece, we should expect heated debate about who is to blame for the country's deepening misery. There are four suspects – all of them involved in the spectacular boom that preceded what will prove to be an even more remarkable bust.
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Non-Executive Chairman of Morgan Stanley Asia. Lecturer at Yale University's School of Management and Jackson Institute for Global Affairs. Author of "The Next Asia".
Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.
Chancellor of the Exchequer of the United Kingdom from 1992 to 2007. Prime Minister of the UK between 2007 and 2010. Inaugural 'Distinguished Leader in Residence' at New York University. Advisor at World Economic Forum
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