World Investment Report-2017 - Latest Current Affairs for Competitive Exams

Question: According to the ‘World Investment Report-2017’ issued by UNCTAD on June 7, 2017, India, with $ 44 billion of foreign direct investment inflows, is at which place in the list of the largest investment recipient countries?
(a) 9th
(b) 12th
(c) 10th
(d) 8th
Ans :(c)
Related facts

On June 7, 2017, the World Investment Report (WIR) 2017 was released by UNCTAD (United Nations Conference on Trade and Development).
World Investment Report is being published annually by UNCTAD since year 1991.
This is the 27th edition of World Investment Report.
The central theme of the 27th edition of the World Investment Report is “Investment and the Digital Economy”.
The following issues are included in each version of the World Investment Report –
1. An analysis of trends in FDI during the previous year, with special emphasis on development implications.
2. Ranking of the largest multinational corporations in the world
3. In-depth analysis of a selected topic related to FDI.
4. Policy analysis and recommendations.
In 2016, global flows of foreign direct investment fell by about 2 per cent, to $1.75 trillion.
In the year 2016, FDI inflows in developing countries declined 14 percent to $ 646 billion.
In the year 2016, the global FDI inflow of developing Asia declined 15 percent to $ 443 billion.
Global FDI inflows grew 5 percent to $ 1 trillion in developed countries in the year 2016.
According to this report, in the year 2016, the United States, China and India were the preferred destinations for foreign direct investment.
According to the World Investment Report-2017, the 5 largest economies with direct foreign investment inflow are:
I. United States ($ 391 billion)
II. United Kingdom ($ 254 billion)
III. China ($ 134 billion)
IV. Hong Kong China ($ 108 billion)
V. The Netherlands ($ 92 billion)
According to the report, India is the 10th highest recipient of FDI in the world with FDI inflows of $ 44 billion.
According to the World Investment Report, the 5 largest economies with foreign direct investment outflow are:
i. United States ($ 299 billion)
ii. China ($ 183 billion)
iii. Netherlands ($ 174 billion)
iv. Japan (145 billion dollars)
v. Canada (66 billion dollars)

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