Thursday, May 21, 2020

Sources Of The Fdi Flowing Into The Caribbean Region

The second objective of this is paper is to briefly discuss the sources of the FDI flowing into the Caribbean region. . Most of the information was collected from the Economic Commission of Latin America and the Caribbean as it is the leading source of information on investment in the region. Foreign Direct Investment into the Caribbean comes from all over the world and not from just the United Kingdom and the United States of America as most would expect. Canada as well as Latin American countries have begun to increase their investments in the region. Additionally, investments originating from the Asia have also been expanding over time with countries such as Japan and Korea capitalizing in the industrial sectors. Additionally, as relationships between China and the English- speaking Caribbean deepen and strengthen, the FDI inflow into the region from China has also multiplied. There is some presence of Indian investment but this is predominantly in countries with a high conce ntration of Indian descendants such as Trinidad and Tobago. Baroda Bank (India’s International Bank) located in both Trinidad and Tobago as well as the Bahamas is the largest Indian investor but there are other small companies operating as well (ECLAC 2012). Asian FDI inflows have become relatively more common in the region. 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