Developing Countries' Investments Boom As Europe Pares Back

Law360, New York (December 6, 2012, 8:46 PM EST) -- Outbound investment from developing countries hit record levels during 2012, buoying a global investment landscape hit hard by Europe’s economic woes and political instability across North Africa, according to a World Bank report Thursday.

Developing countries such as China, Brazil and India have spent $237 billion abroad this year in cross-border mergers and acquisitions, portfolio investments and commercial and sovereign debt, up 11 percent from last year, according to the Multilateral Investment Guarantee Agency, the World Bank’s insurance arm.

About one quarter — or nearly $60...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.