93. Fractured future: What shifting investment patterns mean for development

This episode of the Weekly Tradecast looks at a new report by the United Nations on trends in foreign direct investment (FDI) with Bruno Casella, a senior economist at UN Trade and Development. By tracking 20 years of FDI, the report says global flows are slowing down in the long term. Services are still growing quickly but manufacturing activity has suffered the most.  The stagnation was already happening but the report says recent shocks – ranging from the pandemic to geopolitical tensions – have highlighted how the global economy is becoming more fractured. All of these factors, it says, will reshape investment decisions, international production and global value chains. Tune in to Bruno Casella, who led the new FDI report, to find out the implications for developing countries industrializing their economies.