Events

The executive director of InvestBulgaria Agency, Mr. Borislav Stefanov, will present the World Investment Report 2011 and commented on the interesting facts concerning the investment climate in Bulgaria.
WIR12 presents the latest data on foreign direct investment (FDI) and traces global   trends   in   FDI   and   in   international   production   by   transnational   corporations (TNCs). 
Global     FDI   inflows  rose   in  2011    to  reach   US$1.5     trillion.  This  rise  was widespread, covering all three major groups of economies − developed, developing, and transition – but was uneven by sector, mode, and type of investment. In 2012, another marginal increase is expected, with global FDI flows leveling off at US$1.6 trillion, recovering further compared to pre-crisis levels (but remaining some 20 per cent   below the   2007   peak).   The fragility   of   the world   economy,   the   volatility   of   the business   environment,   uncertainties   related   to   sovereign   debt   crises,   and   signs   of overheating in some emerging market economies may yet derail FDI recovery. 
WIR12 also examines patterns of FDI in light of the significant efforts taking place in many regions towards regional economic integration. For the most part these efforts have led to increased FDI by opening up sectors for investment and aligning policies for the treatment of investors, although the extent of increased FDI varies by region. 
WIR12 reviews investment policy measures taken in 2011, which show that most   countries   continue   to   liberalise   and   promote   foreign   investment.   At   the   same time, a stronger regulatory role of governments is becoming apparent, with a growing share of FDI-related restrictions in total investment policy measures. The universe of international investment agreements (IIAs) continues to expand, with an increasing number of treaties showing innovative features. 
At   a   time   of  persistent    crises   and    pressing    social   and    environmental challenges, harnessing economic growth for sustainable and inclusive development is more important than ever. Investment is a primary driver of such growth. Mobilizing investment and ensuring that it contributes to sustainable development objectives is therefore a priority for all countries and for developing countries in particular. 
To help policymakers address this challenge, the special focus of this year’s WIR      is  on   investment     policymaking.     The    report    presents     a  comprehensive Investment Policy Framework for Sustainable Development (IPFSD), consisting of a set of core principles for investment policymaking, guidelines for national investment policies, and options for the design and use of IIAs. 
Investment   policymaking   is   a   dynamic   process.   To   take   into   account   new developments   and   newly   arising   challenges,   the   IPFSD   has   been   designed   as   a “living document”. UNCTAD will continuously update its contents based on feedback from    its  numerous     policy  forums    and   from   its  work in  the  field.  WIR12    is  also accompanied        by  a  web-based      platform    for  the  “open   sourcing”    of best  practice investment policies – the “UNCTAD Investment Policy Hub” – an integral part of the IPFSD.