World Investment

iii

Acknowledgements

The World Investment Report 2004 (WIR04) was prepared -

under the overall direction of Karl P. Sauvant - by a team comprising

Persephone Economou, Kumi Endo, Torbjцrn Fredriksson, Masataka

Fujita, Kбlmбn Kalotay, Michael Lim, Padma Mallampally, Anne

Miroux, Abraham Negash, Hilary Nwokeabia, Shin Ohinata, Jean

FranÐ*ois Outreville, Kee Hwee Wee, James Xiaoning Zhan and

Zbigniew Zimny. Specific inputs were prepared by Diana

Barrowclough, Sirn Byung Kim, Nicole Moussa, Ludger Odenthal,

Satwinder Singh, Elisabeth Tuerk and Katja Weigl.

Principal research assistance was provided by Mohamed

Chiraz Baly, Bradley Boicourt, John Bolmer, Lizanne Martinez and

Tadelle Taye. Samantha Dolet, Cristina Gueco, Erik-Hans Kok, Moritz

Hunsmann, Nargiza Kuldashova, Bart Orr, Domenika Praxmarer, Anne

Riijntjes and Chen Zhang assisted as interns at various stages. The

production of the WIR04 was carried out by Christopher Corbet, Lilian

Mercado, Lynda Piscopo, Chantal Rakotondrainibe and Esther

Valdivia-Fyfe. Graphics were done by Diego Oyarzun-Reyes. WIR04

was desktop published by Teresita Sabico. It was edited by Praveen

Bhalla.

Sanjaya Lall was the principal consultant. John H. Dunning

was the senior economic adviser.

WIR04 benefited from inputs provided by participants in a

Global Seminar in Geneva in May 2004, two regional seminars on

FDI in services in March 2004 held in Kyoto and Budapest, a seminar

on international investment agreements covering services held in

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