Emerging markets definition unctad handbook #926#

BILATERAL INVESTMENT TREATIES AND THE EU LEGAL ORDER: IMPLICATIONS OF THE LISBON TREATY INTRODUCTION oreign direct investment ("FDI")1 is the "lifeblood of the global economy."2 Foreign investors of developed, capital-exporting countries pursue opportunities abroad in efforts to obtain the highest re-

Acknowledgements The World Economic Situation and Prospects 2018 is a joint product of the United Nations Department of Economic and Social Affairs (UN/DESA), the United Nations Conference on Emerging Markets In partnership with Italy, Luxembourg, the Netherlands, and Norway IFC Advisory Services 2121 Pennsylvania Avenue, N.W. Washington, D.C. 20433 U.S.A. Telephone: 202 473-1000 Facsimile: 202 974-4384 www.ifc.org Strategic Community Investment A Good Practice Handbook for Companies Doing Business in Emerging Markets lion's share of FDI in emerging markets (usually accounting for more than 80%), the last years have seen a surge in cross-border M&As, reaching more than 50% in 1998 and standing roughly at 40% of all FDI in 1999 and 2000.5 In line with the above-mentioned definition, FDI can be considered either as flows or as stocks. Emerging markets and the international investment law and policy regime by Karl P. Sauvant (This is a draft of a chapter that has been accepted for publication by Oxford University Press in the forthcoming book The Oxford Handbook of Management in Emerging Markets, edited by Robert Grosse and Klaus Meyer due for publication in 2019.) Abstract Doing Business in Emerging Markets: Entry and Negotiation Strategies is aimed at Western business executives who are actively contemplating business in emerging markets. These countries represent more than half of the world population and are growing at more than double the rate of Western economies. Against the background of the recent proliferation of acquisitions across emerging markets - with emerging market acquirers accounting for 53 percent of global cross-border acquisitions