There’s been a drastic fall-off in inbound FDI.
Figure 1: Inward US bound FDI, in millions $ (blue), 2017$ (red). NBER defined recession dates shaded gray. Trump administration denoted by orange shading. Deflation using CPI-U. Source: OECD, NBER, and author’s calculations.
The decline in inbound FDI is remarkable given the buoyant stock markets around the world, and fast GDP growth globally.
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