Page 日eme 46 2.South,East and South-East Asia,and Oceania 50 a.Geographical trends.. 50 (i)In (ii)Outward FDI:overall decline,but flows from China surge. 53 rgl0nafD… Inward FDI:strong growth in services and high-tech industries. g阅.caeidgDcgroiagniercstinnaturalresourcs- 5758 9 3.West Asia 999 (ii)Outward FDI:petrodollars boost investment Siloralrcensnsngnowstoencgy-elhaiedindustries 63 developments 66 4.Latin America and the Caribbean 67 ase to Andean countries 68 (ii)Outward FDI:continued growth.. 70 75 d.Prospects 7 B.SOUTH-EAST EUROPE AND THE COMMONWEALTH OF INDEPENDENT STATES....77 1.Geographical trends... 8 Inward FDI fifth year of growth Outward FDI:strong performance of Russian TNCs continues.. 2. Sectoral trends:manufacturing dominates inflows,natural resources lead outflows... .80 Policy developments.......... Prospects.... 8 1 Geogranhical trends 83 Inward FDI:recovering from the downturn Outward FDI:overall decline tora trends:inflows up in all sectors 330 94 NOTES vi World Investment Report 2006. FDI from Developing and Transition Economies: Implications for Development c. Policy developments ............................................................................................................... 46 d. Prospects .................................................................................................................................. 49 2. South, East and South-East Asia, and Oceania ............................................................................. 50 a. Geographical trends ................................................................................................................ 50 (i) Inward FDI: continues to soar ...................................................................................... 50 (a) South, East and South-East Asia ........................................................................... 50 (b) Oceania .................................................................................................................... 53 (ii) Outward FDI: overall decline, but flows from China surge ........................................ 53 (a) South, East and South-East Asia ............................................................................ 54 (b) Intraregional FDI .................................................................................................... 54 b. Sectoral trends ......................................................................................................................... 55 (i) Inward FDI: strong growth in services and high-tech industries................................ 55 (ii) Outward FDI: growing interest in natural resources.................................................... 57 c. Policy developments ............................................................................................................... 58 d. Prospects .................................................................................................................................. 59 3. West Asia .......................................................................................................................................... 59 a. Geographical trends ................................................................................................................ 59 (i) Inward FDI: unprecedented rise .................................................................................... 59 (ii) Outward FDI: petrodollars boost investment ............................................................... 63 b. Sectoral trends: rising flows to energy-related industries ................................................... 64 c. Policy developments ............................................................................................................... 65 d. Prospects .................................................................................................................................. 66 4. Latin America and the Caribbean ................................................................................................... 67 a. Geographical trends ................................................................................................................ 68 (i) Inward FDI: strong increase to Andean countries........................................................ 68 (ii) Outward FDI: continued growth .................................................................................... 70 b. Sectoral trends: natural resources and manufacturing increasingly targeted ..................... 71 c. Policy developments ............................................................................................................... 75 d. Prospects .................................................................................................................................. 77 B. SOUTH-EAST EUROPE AND THE COMMONWEALTH OF INDEPENDENT STATES .... 77 1. Geographical trends......................................................................................................................... 78 a. Inward FDI: fifth year of growth ........................................................................................... 78 b. Outward FDI: strong performance of Russian TNCs continues.......................................... 79 2. Sectoral trends: manufacturing dominates inflows, natural resources lead outflows................ 80 3. Policy developments........................................................................................................................ 81 4. Prospects........................................................................................................................................... 81 C. DEVELOPED COUNTRIES............................................................................................................... 82 1. Geographical trends......................................................................................................................... 83 a. Inward FDI: recovering from the downturn .......................................................................... 83 b. Outward FDI: overall decline ................................................................................................. 87 2. Sectoral trends: inflows up in all sectors....................................................................................... 90 3. Policy developments........................................................................................................................ 93 4. Prospects........................................................................................................................................... 94 NOTES .................................................................................................................................................................. 95 Page