Encouraging Sustainable Foreign Investment to the LDCs: Options for Support

This journal article was published by the United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States.

ABSTRACT:

This paper focuses on what the development partners of least developed countries (LDCs) can do to help those countries get more ‘sustainable’ foreign investment - investment that contributes to their sustainable development - and indicates some options for support that need to be further explored. It addresses the investment attraction measures that LDCs themselves can take only in as far these can be supported by development partners. Thus, the paper reviews outward investment promotion and facilitation measures that can be undertaken by foreign investors’ home countries to foster foreign investment flows into the LDCs, as well as the support that development partners can provide to LDCs’ inward promotion and facilitation activities that seek to attract foreign investment into the LDCs.