TABLE OF CONTENTS Ix Page C.INTERNATIONALAGREEMENTSAND FDI FROM DEVELOPING AND TRANSITION ECONOMIES 228 38 D.CORPORATE SOCIAL RESPONSIBILITY AND TNCS FROM DEVELOPINGAND TRANSITION ECONOMIES.. ,232 2 aagaSsRegRonacsecsRue 233 235 3. Encouraging good practices. 237 E.CONCLUDING REMARKS. 238 NOTES- 241 CONCLUSIONS 245 REFERENCES 247 SELECTED UNCTAD PUBLICATIONS ON TNCs AND FDI. .333 QUESTIONNAIRE 339 Boxes FDI and round-ripnofvesments stics of e fund real esta The la he transition economies of South-East furope and the cis xpan nghoacpeofieadiasdcveopimgrcouninychomIopsdoigi0o 33 substitution to exportor tionin the automotive industry elopment Programme to boost manufacturing. 8 6 developing countries invest in nAfrica .8 61 64 n national FDI databases inine f FDI by Saudi Arabi 63 have induc il and gas regulations D membeTABLE OF CONTENTS ix C. INTERNATIONAL AGREEMENTS AND FDI FROM DEVELOPING AND TRANSITION ECONOMIES ................................................................................................. 228 1. The growing role of IIAs .............................................................................................................. 228 2. Regional economic integration agreements and South-South FDI ........................................... 230 D. CORPORATE SOCIAL RESPONSIBILITY AND TNCS FROM DEVELOPING AND TRANSITION ECONOMIES..................................................................... 232 1. Multilaterally agreed CSR principles .......................................................................................... 233 2. Benefits for TNCs from the South from addressing CSR issues............................................... 235 3. Encouraging good practices.......................................................................................................... 237 E. CONCLUDING REMARKS ............................................................................................................. 238 NOTES ................................................................................................................................................................ 241 CONCLUSIONS ......................................................................................................................................... 245 REFERENCES ........................................................................................................................................... 247 SELECTED UNCTAD PUBLICATIONS ON TNCs AND FDI.......................................................... 333 QUESTIONNAIRE .................................................................................................................................... 339
 I.1. FDI and round-tripping of investments.......................................................................................................... 12 I.2. FDI and trans-shipping of investments .......................................................................................................... 12 I.3. UNCTAD expert meeting on FDI statistics: sound data essential for sound policies ............................... 14 I.4. Comparison of the impact of cross-border M&As and greenfield FDI on host countries......................... 17 I.5. Characteristics of private equity and hedge fund investments..................................................................... 18 I.6. Large private equity investments in the German real estate sector ............................................................. 21 I.7. Incoherence between IIAs ............................................................................................................................... 29 I.8. The largest TNCs from the transition economies of South-East Europe and the CIS ............................... 30 I.9. Expanding the coverage of leading developing-country TNCs, from top 50 to top 100: a comparison of samples.................................................................................................................................. 33 II.1. Asian FDI in Africa .......................................................................................................................................... 43 II.2. South Africa: from import substitution to export orientation in the automotive industry ........................ 47 II.3. Egypt: National Suppliers Development Programme to boost manufacturing ........................................... 47 II.4. South Africa: Skills Support Programme ....................................................................................................... 48 II.5. Prospects for FDI rise as TNCs from developing countries invest in oil in Africa ................................... 49 II.6. China’s revised and new data on FDI............................................................................................................. 52 II.7. “China dollars” will stimulate more Chinese outward FDI.......................................................................... 55 II.8. FDI in R&D continues to rise in developing Asia ........................................................................................ 56 II.9. Rising FDI in Asian real estate ....................................................................................................................... 57 II.10. Recent privatizations involving FDI in West Asia ........................................................................................ 61 II.11. Intraregional FDI flows on the rise in West Asia .......................................................................................... 62 II.12. How are West Asian petrodollars recycled in FDI? ...................................................................................... 64 II.13. Efforts in West Asia to strengthen national FDI databases in line with the ESCWA/UNCTAD joint project ...................................................................................................... 66 II.14. Accession to the WTO and liberalization of FDI by Saudi Arabia ............................................................. 67 II.15. Latin American firms step into the breach ..................................................................................................... 73 II.16. High oil prices have induced changes in oil and gas regulations ................................................................ 76 II.17. Russian mobile phone operators in the CIS ................................................................................................... 82 II.18. Will Japanese FDI stock really be doubled by 2006? ................................................................................... 86 II.19. The effects of the Homeland Investment Act on United States outward FDI............................................. 89 II.20. New EU member States continue to attract international car manufacturers ............................................. 91 II.21. FDI in banking in the EU-15: trends, determinants and barriers to integration ......................................... 92 III.1. Statistics on FDI from developing and transition economies – a cautionary note ................................... 106 Page