Summary

Foreign direct investment (FDI) remains a major source of private capital flows to developing countries while International Investment Agreements (IIAs) at bilateral, regional and sub-regional level are considered as one of the most important factors that influence movement of FDI. The World Investment Report 2003 focuses on recent trends in FDI, points out policy changes in investment during 2002 and also highlights the significance of developmental aspects of investment agreements. The report is divided into two parts.