JANUARY2024ISSUE46GLOBALFDIIN2023WASWEAK,WITHLOWERFLOWSTODEVELOPINGCOUNTRIESGREENFIELDINVESTMENTSTABLE,PROJECTFINANCEANDMAsSIGNIFICANTLYLOWER•Globalforeigndirectinvestment(FDI)flowsin2023,atanestimated$1.37trillion,showedamarginalincrease(+3%)over2022,defyingexpectationsasrecessionfearsearlyintheyearrecededandfinancialmarketsperformedwell.However,economicuncertaintyandhigherinterestratesdidaff...