Transnational Corporations, Extractive Industries and Development

Transnational Corporations, Extractive Industries and Development

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This publication, the 17th in a series of UNCTAD annual reports, analyses the latest trends in foreign direct investment (FDI) flows worldwide at the regional and country levels and examines emerging measures to improve its contribution to development. The 2007 report focuses on the role of transnational corporations (TNCs) in the extraction of oil, gas, and metal minerals, looking at key countries and companies involved and how the forces driving investment change as raw materials progress up the value chain to become finished products, and as different types of companies participate. Findings include that global FDI inflows rose in 2006 for the third consecutive year, with growth shared by all major country groups (developed countries, developing countries and the transition-economies of South-East Europe and the Commonwealth of Independent States). Rising demand for commodities was reflected in a steep increase in natural resource-related FDI, although the services sector continued to be the dominant recipient of FDI. Among the developing regions, FDI inflows to subregions such as North Africa, sub-Saharan Africa, West Asia, South Asia, East Asia, and South-East Asia were at record levels, as were foreign investment flows to transition economies.Bulgaria and Romania which became new EU member States on 1 January 2007 are classified under South-East Europe and CIS in this Report. ... (www. (the amount does not include investments in exploration and in routine maintenance); for Colombia. ... In 2007 Nissan began using its Mexican operations to supply cars to 18 European countries. ... The accord with China has already been implemented, but it does not include chapters on services and investments.

Title:Transnational Corporations, Extractive Industries and Development
Author:United Nations Conference on Trade and Development
Publisher:United Nations Publications - 2007


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