Report

The Impact of COVID-19 on Foreign Investors : Evidence from the Quarterly Global MNE Pulse Survey for the Third Quarter of 2020

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collection.link.75
https://openknowledge.worldbank.org/handle/10986/2183
collection.name.75
Investment Climate Assessment
dc.contributor.author
Saurav, Abhishek
dc.contributor.author
Kusek, Peter
dc.contributor.author
Kuo, Ryan
dc.contributor.author
Viney, Brody
dc.date.accessioned
2020-12-14T16:32:41Z
dc.date.available
2020-12-14T16:32:41Z
dc.date.issued
2020-12
dc.date.lastModified
2021-04-23T14:02:11Z
dc.description.abstract
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 Group’s Global Investment Climate Unit is conducting quarterly pulse surveys of MNE affiliates throughout 2020 to gauge the pandemic’s effect on foreign investors. According to previous rounds of the survey, four in five MNE affiliates experienced reduced revenue and profits, and three in four experienced a decline in supply chain reliability in the first quarter of 2020 (Saurav, Kusek, and Kuo, April 2020). The adverse impacts became near-universal in the second quarter of 2020, with over 90 percent of MNEs experiencing adverse effects (Saurav, Kusek, Kuo, and Viney, September 2020). A third round of the quarterly pulse survey, reflecting the third quarter of 2020, was administered in October and November 2020. The survey results show that the pandemic’s adverse effects remained widespread for MNE affiliates in the third quarter, with only limited improvements expected in the fourth quarter. While these survey results may not be generalizable to all developing countries, they are directionally indicative of MNEs’ experiences in developing countries.
en
dc.identifier
http://documents.worldbank.org/curated/en/675271607503255200/The-Impact-of-COVID-19-on-Foreign-Investors-Evidence-from-the-Quarterly-Global-MNE-Pulse-Survey-for-the-Third-Quarter-of-2020
dc.identifier.uri
http://hdl.handle.net/10986/34924
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
CORONAVIRUS
dc.subject
COVID-19
dc.subject
PANDEMIC IMPACT
dc.subject
MULTINATIONAL CORPORATION
dc.subject
MULTINATIONAL ENTERPRISE
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
INVESTMENT CLIMATE
dc.subject
CAPITAL FLOWS
dc.subject
SUPPLY CHAINS
dc.subject
FDI POLICY
dc.subject
REGULATION
dc.subject
BUSINESS ENVIRONMENT
dc.title
The Impact of COVID-19 on Foreign Investors
en
dc.title.subtitle
Evidence from the Quarterly Global MNE Pulse Survey for the Third Quarter of 2020
en
dc.type
Report
en
okr.date.disclosure
2020-12-09
okr.doctype
Economic & Sector Work
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.docurl
http://documents.worldbank.org/curated/en/675271607503255200/The-Impact-of-COVID-19-on-Foreign-Investors-Evidence-from-the-Quarterly-Global-MNE-Pulse-Survey-for-the-Third-Quarter-of-2020
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b08809ca37_1_0
okr.identifier.internaldocumentum
32650537
okr.identifier.report
154867
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/675271607503255200/pdf/The-Impact-of-COVID-19-on-Foreign-Investors-Evidence-from-the-Quarterly-Global-MNE-Pulse-Survey-for-the-Third-Quarter-of-2020.pdf
en
okr.topic
Health, Nutrition and Population :: Disease Control & Prevention
okr.topic
International Economics and Trade :: Foreign Direct Investment
okr.topic
Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic
Macroeconomics and Economic Growth :: Investment and Investment Climate
okr.topic
Private Sector Development :: Business Environment
okr.unit
EFI-FCI-TIC-Invest&Compet. (ETICI)

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