Publication: The Impact of COVID-19 on Foreign Investors: Evidence from the Second Round of a Global Pulse Survey
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2020-09
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2020-10-19
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The COVID-19 pandemic has had a profound impact on the global economy, triggering the deepest global recession of the past eight decades. Together, the crisis and public health response have caused both a severe supply shock in the form of reduced worker availability and supply chaindisruptions, and a massive demand shock as consumption became restricted and confidence fell. The World Bank forecasts a 5.2 percent contraction in global GDP in 2020, including a 2.5 percent decline in emerging markets and developing economies (World Bank 2020).
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âSaurav, Abhishek; Kusek, Peter; Kuo, Ryan; Viney, Brody. 2020. The Impact of COVID-19 on Foreign Investors: Evidence from the Second Round of a Global Pulse Survey. © World Bank. http://hdl.handle.net/10986/34638 License: CC BY 3.0 IGO.â
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Publication The Impact of COVID-19 on Foreign Investors(World Bank, Washington, DC, 2020-12)As the COVID-19 crisis extends into the second half of 2020, the outlook for both the pandemic and the associated economic crisis remains highly uncertain. In this environment, multinational enterprises (MNEs) need to weather a prolonged economic downturn while also navigating government policy responses to the pandemic and updating investment plans for an uncertain future. Given the importance of foreign direct investment (FDI) to the crisis and recovery, especially for developing countries, the World Bank Groupâs Global Investment Climate Unit is conducting quarterly pulse surveys of MNE affiliates throughout 2020 to gauge the pandemicâs effect on foreign investors. 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While these survey results may not be generalizable to all developing countries, they are directionally indicative of MNEsâ experiences in developing countries.Publication The Impact of COVID-19 on Foreign Investors(World Bank, Washington, DC, 2021-03)A fourth round of the quarterly pulse survey, reflecting the last quarter of 2020, was administered in February 2021. This round of the survey included new questions reflecting on 2020, and the impacts of the crisis on technology adoption and environmental sustainability trends. The reportâs findings will help provide policy makers and businesses with an updated picture of the effects of the COVID-19 crisis on MNEs and the global outlook for foreign investment. 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