Digital FDI and economic recovery post-covid-19 pandemic: the case of the United Kingdom

Main Article Content

Sara Samira Moukil
Lahcene Attallah

Abstract

The objective of this research is to analyze trends of Digital FDI in the United Kingdom, and its role in post-COVID-19 pandemic economic recovery. The results of this research suggest that digital FDI will be a key driver of economic growth after the pandemic. Therefore governments must adopt policies and measures to create a favorable environment for digital FDI. Following a resilient success in 2019 in attracting FDI, and with investors seeing the country as likely to recover its attractiveness faster than the European average post-COVID-19 crisis, the UK starts from a strong base.

Article Details

How to Cite
Moukil , S. S., & Attallah , L. (2021). Digital FDI and economic recovery post-covid-19 pandemic: the case of the United Kingdom. Finance and Business Economies Review, 5(3), 362–374. https://doi.org/10.58205/fber.v5i3.1124
Section
Articles

References

Abeliansky, A. L., Martínez-zarzoso, I., & Prettner, K. (2019). 3D Printing , International Trade and FDI. Economic Modelling, 85, 288–306.

Cebola, C. M., Sa, C., Martins, J. L., & Ramalho, T. A. (2020). Legal impact of robots in civil liability and taxation: what we know, trends and challenges. 56th International Scientific Conference on Economic and Social Development, (02-03 July 2020), 135–143. University of Aveiro.

Choi, N. (2020). Global Value Chains in the Era of COVID-19. Retrieved from https://think-asia.org/handle/11540/12146 (accessed December 05, 2020)

Ciobanu, R., Şova, R., & Popa, A. F. (2020). The Impact of FDI over Economic Growth and how COVID-19 Crisis Can Impact the CEE Economies. CECCAR Business Review, (4), 64–72.

Deloitte. (2019). Power Up: UK inward investment Key drivers of foreign investment and its value to the UK economy. London.

Ernst & Young. (2020a). Building Back Better. In EY Attractiveness Survey UK.

Ernst & Young. (2020b). EY European Attractiveness Survey.

fDi Intelligence. (2020). The fDi report: Global greenfield investment trends. Financial Times.

Fu, X. (2020). Digital transformation of global value chains and sustainable post-pandemic recovery. Transnational Corporations Journal, 27(2), 157–166.

Götz, M. (2020). Attracting Foreign Direct Investment in the Era of Digitally Reshaped International Production. The Primer on the Role of the Investment Policy and Clusters–The Case of Poland. Journal of East-West Business, 26(2), 131–160.

Grace, G. (2020). Assessing the Impact of COVID-19 on Africa ’ s Economic Development. In United Nations Conference on Trade and Development (No. 3).

Khan, F. (2020). Exploring IR4.0 Strategy in Post COVID-19 Era Through Insights from FDI Inflows. SSRN Electronic Journal, (September).

ONS. (2019). Foreign direct investment involving UK companies : 2018. Retrieved from https://www.ons.gov.uk/releases/foreigndirectinvestmentinvolvingukcompanies2018

ONS. (2020a). Foreign direct investment in digital industries , UK trends and analysis : November 2020. Retrieved from https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/ukforeigndirectinvestmenttrendsandanalysis/november2020

ONS. (2020b). Foreign direct investment in digital industries , UK trends and analysis : September 2020. Retrieved from https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/ukforeigndirectinvestmenttrendsandanalysis/september2020

Schilirò, D. (2020). Towards digital globalization and the covid-19 challenge (No. 100504).

Stephenson, M. (2020). How to attract ‘Digital FDI’ and sustainable FDI for COVID-19 recovery? In and G. the Saudi Arabian T20 Task Force 1 on Trade, Investment (Ed.), Special Webinar on Investment, Trade, and Growth in the time of COVID-19 (pp. 1–8).

Stephenson, M., & Sen, N. (2020). How digital investment can help the COVID-19 recovery. Retrieved December 3, 2020, from The World Economic Forum website: https://www.weforum.org/agenda/2020/04/covid-19-digital-foreign-direct-investment-economic-recovery/

UK Government. (2020). Department for International Trade inward investment results technical annex 2019 to 2020. Retrieved December 5, 2020, from Official Statistics website: https://www.gov.uk

UNCTAD. (2017). World Investment Report 2017: investment and the digital economy. Geneva.

UNCTAD. (2018). World Investment Report 2018: Investment and New Industrial Policies. New York and Geneva.

UNCTAD. (2020). World Investment Report 2020: International production beyond the pandemic. Geneva.

Zhan, J. X., Bolwijn, R., Santos-Paulino, A. U., & Tüselmann, H. (2020). Introduction to the focused section : COVID-19 and international production. Transnational Corporations Journal, 27(2), 93–98.