The Role of Investment Promotion Agencies in the COVID Reality

Alexey Vladimirovich Kuzenkov
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Alexey Vladimirovich Kuzenkov: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2022, issue 5, 120-132

Abstract: This article summarizes the impact of COVID-19 and the response of investment promotion agencies (IPAs) based on research done by the World Bank Group (WBG), the World Association of Investment Agencies (WAIPA), UNCTAD and the OECD. The economic crisis caused by the coronavirus pandemic was unprecedented. The study shows that many APIs moved to work remotely, keeping in close touch with investors and assisting with issues. The paper highlights priorities for investor support, including short- and long-term measures to mitigate the effects of the crisis.

Keywords: Investment Promotion Agencies; IPA; Foreign Direct Investment; FDI; COVID-19; Economic crisis; digitalization (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2022_05_120-132

DOI: 10.24412/2072-8042-2022-5-120-132

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