Following capital flows: Insights from new high-frequency data

Capital flows over the past 15 years have proved volatile in the wake of series of challenging global events. The OECD’s Etienne Lepers highlights recent trends in capital flows based on insights from a new OECD dataset that monitors monthly flows. Capital flows have experienced successive waves since the global financial crisis and their volatility … Continue reading Following capital flows: Insights from new high-frequency data

Foreign direct investment during the pandemic: A buffer for jobs?

The Covid-19 pandemic has caused a global humanitarian, social and economic crisis. Poverty will rise for the first time since 1998, with hundreds of millions of jobs lost and livelihoods affected. Many of the jobs affected by the pandemic depend on investments and operations of multinational enterprises (MNEs) and their buyers and suppliers in global value chains. But foreign direct investment (FDI) is estimated to fall by at least 30% in 2020 – meaning that fewer jobs than expected have been and will be created.