In its annual report, ECLAC projects a fresh decline in 2017, of around 5%, and calls on countries to create policies to attract flows that support national processes of sustainable development.
With proactive and integrated policies, countries can take advantage of FDI to diversify their economies, boost innovation and respond to the challenges of the 2030 Agenda for Sustainable Development, ECLAC says.
According to ECLAC, rather than trying to recover the FDI amounts seen in recent years, Latin American and Caribbean countries should focus on attracting those flows that will contribute to the diversification of production.