In spite of these risks, ECLAC underscores the positive regional growth figures for 2008. As in recent years, South America will grow more than Mexico, Central America and the Caribbean. Although the risks mentioned would have a moderate impact in 2008, economic deceleration will likely continue for some time, with which growth rates for Latin America and the Caribbean could reach approximately 4% in 2009.

'This report provides an overview of FDI flows to and from the region in 2007 and of the recent activities of transnationals in the region and of trans-Latins outside their home countries.'

'The main view expressed in the paper is that Foreign Direct Investments are not a panacea for poverty reduction in all countries.'

'This paper studies how factors such as corruption perception and the level of democracy influence foreign direct investment to developing economies. Our results suggest that less corrupt countries and less democratic countries receive more foreign direct investment. What could account for this pattern of investment?'

'This paper studies how factors such as corruption perception and the level of democracy influence foreign direct investment to developing economies. Our results suggest that less corrupt countries and less democratic countries receive more foreign direct investment. What could account for this pattern of investment?'

'Drawing on scenarios produced by a world economic model, the authors, Francis Cripps, Director of Alphametrics, and Terry McKinley, CDPR Director, project that by 2020 the U.S. economy would face declining economic growth while major emerging economies, such as those of China, India and Brazil, would continue to grow moderately rapidly, prompting significant global economic and political realignment.'

Despite slower growth in the air cargo market, new airports and air fleets will be needed in the next 20 years

n tough economic times, do companies tighten their belts when it comes to FDI? It seems not: the 10 companies with the highest returns on overseas investments believe now is the right time to expand international operations.

'The IEG report finds that the development results of IFC-supported private sector operations in developing countries improved in the last three years, driven by better performance in two regions with a large share of IFC operations: Latin America and Europe and Central Asia. However, project performance stagnated in Africa, Asia and the Middle East – where IFC is growing fastest, and where sound IFC work quality and portfolio risk management will be crucial for better results going forward.'
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In these two papers, the authors analyse the impact on the global economy of rising oil prices, a falling dollar and a U.S. economic downturn. By 2020 there will be a major realignment of the global economy. The U.S. will experience further economic decline. China, India and Brazil will continue to grow. Non-energy producing countries in sub-Saharan Africa would fare the worst. Income per capita would fall by 1.2 per cent per annum.