US Leads Surprising List of Top Countries for FDI
vast tar sands operation in Alberta. India slipped from number two to number five; its business climate has been worsening and foreign firms have taken a beating this year. Mexico lept to number nine on the list; it didn’t even feature in the survey at all last year. Investors seem to be keen on our neighbor to the south, betting that the new administration can do a better job with the cartel problem and drug violence and make important reforms to the education system and energy sector.That the US retook the top spot from China suggests that investors are cooling on the world’s second largest economy, preferring instead the security and promise of the American economy. In general, serious internal conflicts have appeared and wages and other costs have risen in the once-booming Asian economies, while the US, for all its problems, has once again become an attractive investment.