{"id":7348,"date":"2015-08-04T16:38:43","date_gmt":"2015-08-04T21:38:43","guid":{"rendered":"https:\/\/iisd.org\/itn\/?p=7348"},"modified":"2024-08-09T18:26:15","modified_gmt":"2024-08-09T16:26:15","slug":"world-investment-report-wir-2015-reforming-international-investment-governance","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2015\/08\/04\/world-investment-report-wir-2015-reforming-international-investment-governance\/","title":{"rendered":"World Investment Report (WIR) 2015: Reforming International Investment Governance"},"content":{"rendered":"<p><strong>By <span class='tooltipsall tooltipsincontent classtoolTips7'>UNCTAD<\/span>, June 2015<\/strong><\/p>\n<p>The WIR presents global investment trends in 2014, indicating that global foreign direct investment (<span class='tooltipsall tooltipsincontent classtoolTips68'>FDI<\/span>) inflows fell by 16 per cent to US$1.23 trillion. FDI flows to developed countries continued to be low, while flows to developing countries increased by 2 per cent to a historic high of US$681 billion, with China as the largest recipient. FDI inflows to Asia increased by 9 per cent to historically high levels, while inflows to Africa remained flat, and inflows to Latin America and the Caribbean decreased by 14 per cent. In the policy realm, government measures continued to be geared towards liberalization, promotion and facilitation. There were relatively few measures for investment in sectors important for sustainable development. The search for reform of the international investment regime continued, as at least 50 countries and regions conducted reviews of their treaty models. The number of investor\u2013state arbitration cases rose by 42 in 2014, bringing the total number to 608. Decisions were rendered in 43 cases, bringing the number of concluded cases to 405. Recognizing the need for systematic reform, UNCTAD suggests focusing on: (1) safeguarding the right to regulate in the public interest, (2) reforming investment dispute settlement, (3) promoting and facilitating investment, (4) ensuring responsible investment, and (5) enhancing the systemic consistency of the regime; the report also presents policy options for meeting these challenges. Finally, the WIR discusses international tax and investment policy coherence, the fiscal contribution of multinational enterprises, and the issue of tax avoidance. Available at <a href=\"http:\/\/unctad.org\/en\/pages\/PublicationWebflyer.aspx?publicationid=1245\">http:\/\/<span class='tooltipsall tooltipsincontent classtoolTips8'>UNCTAD<\/span>.org\/en\/pages\/PublicationWebflyer.aspx?publicationid=1245<\/a><!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips7','United Nations Conference on Trade and Development'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips8','Conferencia de las Naciones Unidas sobre Comercio y Desarrollo'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips68','foreign direct investment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>The WIR presents global investment trends in 2014, indicating that global foreign direct investment (<span class='tooltipsall tooltipsincontent classtoolTips68'>FDI<\/span>) inflows fell by 16 per cent to US$1.23 trillion.<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips68','foreign direct investment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[417],"tags":[],"class_list":["post-7348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-resources"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/7348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=7348"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/7348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=7348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=7348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=7348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}