Page FEarrcndsinfDlfromdevclopingcountrics The Orascom Group ndia gobal player in equipmen The t s of dev on e y ED my TNCs 64:59 How doe out ard FDI promote the market expansion of developing-country TNCs V2. of devlopng-o TNC ience of lesothe on inte ital flow ard FDIp asis on africa Souh-u 213 -some examples. sia s app ch to outward FDI promotion imvSxcgeptio The ors from developing and transition Inv tment and South- th Fl 2233 ities:the cases of Cemex and Petrobras 236 Box figures 品 NSD .48 M&As and their share in total 120. eEU member States.2005 日ox tables ard FDI stock in holding c 12 1.9.1 developi gceceg8ioaofthe1age50and 3 3004-Jme 0 10mies.1987-200 2004/01-2006/0 194 x World Investment Report 2006. FDI from Developing and Transition Economies: Implications for Development III.2. Early trends in FDI from developing countries........................................................................................... 107 III.3. The Outward FDI Performance Index .......................................................................................................... 114 III.4. The Orascom Group ....................................................................................................................................... 126 III.5. Internationalization of Samsung Electronics............................................................................................... 128 III.6. Overseas investments of Temasek Holdings................................................................................................ 129 III.7. Huawei Technologies: a global player in telecom equipment .................................................................... 130 III.8. India’s Infosys goes global ............................................................................................................................ 131 III.9. Early Argentinean TNCs................................................................................................................................132 IV.1 A tale of two continents: policy choices and industrial development in East and South-East Asia and Latin America .............................................................................................. 145 IV.2 The use of inward and outward FDI to upgrade the competitiveness of countries.................................. 147 IV.3 A panorama of developing-country TNCs ................................................................................................... 151 IV.4 Surveys of developing and transition economy TNCs................................................................................ 153 IV.5 Mixed, complementary and evolutionary FDI motives .............................................................................. 159 V.1. How does outward FDI promote the market expansion of developing-country TNCs? The case of white goods ................................................................................................................................171 V.2. How does outward FDI promote the market expansion of developing-country TNCs? The case of personal computers.................................................................................................................... 172 V.3. Internationalization and profitability: the case of CSCEC......................................................................... 174 V.4. Impact of developing-country FDI in a small LDC: The experience of Lesotho ..................................... 191 VI.1. Controls on international capital flows ........................................................................................................ 204 VI.2. South Africa’s outward FDI policy: emphasis on Africa ............................................................................ 207 VI.3. The gradual liberalization of outward FDI policies in the Republic of Korea ......................................... 208 VI.4. China’s “going global” strategy .................................................................................................................... 210 VI.5. Incentives for outward FDI: Asian examples ............................................................................................. 212 VI.6. Political risk insurance as a tool for promoting South-South investment ................................................ 213 VI.7. Singapore’s outward FDI promotion strategy ............................................................................................. 214 VI.8. Private sector assistance to overseas investment – some examples........................................................... 215 VI.9. Malaysia’s approach to outward FDI promotion ......................................................................................... 216 VI.10. MIGA’s assistance to export credit agencies ............................................................................................... 218 VI.11. FDI and national security exceptions ........................................................................................................... 225 VI.12. Investment disputes involving investors from developing and transition economies ............................. 229 VI.13. The ASEAN Investment Area and South-South FDI .................................................................................. 231 VI.14. Programmes to enhance the social impact of activities: the cases of Cemex and Petrobras................... 233 VI.15. The 10 principles of the United Nation’s Global Compact ........................................................................ 235 VI.16. The Equator Principles .................................................................................................................................. 236
  II.3.1. How does the NSD programme work? ........................................................................................................... 48 II.11.1. Number of intraregional cross-border M&As and their share in total cross-border M&As in West Asia, 1993-2005 ............................................................................................... 62 II.20.1. Map of location of foreign affiliates in the new EU member States, 2005 ................................................. 91
  I.2.1. Inward FDI stock in holding companies of selected countries, 2003 ......................................................... 12 I.2.2. FDI inflows in Luxembourg, distributed between SPE/trans-shipped FDI and non-SPE/non-trans-shipped FDI, 2002-2005 ................................................................................................ 12 I.9.1. Comparison of the country/industry composition of the largest 50 and 100 TNCs from developing economies, 2004 ............................................................................................... 33 II.1.1. FDI in Africa from selected Asian developing economies, 1990-2004....................................................... 43 II.1.2. Cross-border M&As in Africa by firms from selected developing Asian economies, 1987-2005 ........... 43 II.6.1. Data on FDI inflows reported by MOFCOM and by SAFE, 1998-2005 .................................................... 52 II.10.1. Selected privatization projects involving foreign investors in West Asia, 2005-June 2006 ..................... 61 II.18.1. Composition of inward FDI stock in Japan, 2001-2005 ............................................................................... 83 II.19.1. Earnings of foreign affiliates of United States TNCs, 2004/QI-2006/QI ................................................... 84 II.20.1 Macroeconomic and other indicators for selected EU members.................................................................. 92 III.3.1. UNCTAD’s Outward FDI Performance Index, selected economies, 1993-1995 average and 2003-2005 average ................................................................................................ 114 V.1.1. Internationalization of Arçelik and Haier, 2004 .......................................................................................... 171 Page