When is FDI not FDI? When it is tax evasion. This is what the IMF has uncovered:https://www.imf.org/external/pubs/ft/fandd/2019/09/the-rise-of-phantom-FDI-in-tax-havens-damgaard.htm …
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Its not really 'fake FDI' : seems like its FDI that gets double counted because thats the way the statistics work.
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Thanks for setting me right!
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