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In this week's Prime Minister's Questions session in the House of Commons one speaker posed a question to the Prime Minister in which he quoted a foreign direct investment index and made the point that the U.K. was at the top of that index, above both the U.S.A. and China. Which report/index is this from? Where can I find it?

2006-10-19 06:49:21 · 2 answers · asked by l0st 3 in Politics & Government Politics

The member to whom I am referring is in fact Andrew Love MP.

2006-10-19 07:13:00 · update #1

His exact statement can be found here: http://www.publications.parliament.uk/pa/cm200506/cmhansrd/cm061018/debtext/61018-0002.htm#06101834000502

2006-10-19 07:14:58 · update #2

2 answers

The report comes from the Organisation for Economic Co-operation and Development and mainly involves looking at fellow OECD members, but somehow came to the conclusion that China's FDI was lower.

2006-10-19 07:24:16 · answer #1 · answered by James 7 · 1 0

Apparently, the speaker you're talking about is Margaret Hodge:

http://www.epolitix.com/EN/MPWebsites/Margaret+Hodge

Here's what she said:

http://www.parliament.the-stationery-office.co.uk/pa/cm/cmtoday/cmdebate/02.htm

"I am puzzled by that contribution. I assume that the Opposition have now decided to abolish the regional development agencies as a contribution to finding £21 billion of cuts to fund their tax reductions. I take a much more optimistic, pro-British view of the way we are performing on inward investment. The most recent World Bank report “Doing business in 2007” says that the UK is the best country in the whole of Europe for inward investment. We are one of the top two EU member states on employment law, with Denmark higher. We are in the top two in Europe in terms of protection for investors. We are joint second in the EU for the ease of paying taxes. That is a good record, which encourages foreign investment. It is not the poor record that the hon. Gentleman seeks to describe; he does down businesses and employees in the UK."

The official Web site of the World Bank's Doing Business is at

http://www.doingbusiness.org

There's an overview of Doing Business 2007 at

http://www.doingbusiness.org/documents/DoingBusiness2007_Overview.pdf

You can also find older (2006-) investing statistics:

http://www.doingbusiness.org/ExploreTopics/ProtectingInvestors/

Regarding Andrew Love, the statistics he uses are from the Organisation for Economic Co-operation and Development (OECD):

http://www.oecd.org

The OECD International Direct Investment Statistics are here:

http://www.oecd.org/document/19/0,2340,en_2649_34863_37296339_1_1_1_1,00.html

More investment statistics:

http://www.oecd.org/daf/investment

2006-10-19 07:07:02 · answer #2 · answered by me 5 · 0 0

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