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FDI forecast places Belgium third
Published by The Economist, the forecast places the US top with 23%. The UK is in fourth place with 6.6% and France fifth with 5.3%.
The Economist Intelligence Unit (EIU), in its annual survey of FDI, predicts that while in-flows are currently in a slump, recovery will begin in 2003 and accelerate from 2004.
It says that the global slowdown, political risks, stock-market collapse and corporate scandal have all taken their toll, with global FDI levels falling 45% in 2001 and a further 22% in 2002.
The trend towards better business environments, regional integration, technological change, industrial consolidation, sharper global competition and opportunities in emerging markets would all underpin renewed strong expansion in FDI, it said.