Developing countries outperform rich nations in FDIs
Jul 17, 2013
KINGSTON, Jamaica - Value-added trade contributes nearly 30 per cent to developing countries' gross domestic product, on average, compared with 18 per cent in developed countries, according to the recently released World Investment Report 2013.
The report also revealed that last year, for the first time ever, developing economies absorbed more foreign direct investment than developed countries.
However, it said that participation in global value chains (GVCs) involves risks, for example, the GDP contribution can be limited if countries capture only a small share of the value created in the chain.
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