for the year (figure 11). This suggests that the consequences of recent political and economic uncertainties are believed to remain locally circumscribed, not affecting global flows especially in the medium-term. In fact, for 2016 almost 90 per cent of all IPA respondents, irrespectively of their home country, expressed high expectations about inflows to their country. However, the view from IPAs for inward FDI differed by region, particularly regarding target industries. IPAs in developed economies anticipate good prospects for FDI in machinery, business services such as computer programming and consulting, transport, and communications, especially telecommunications. African IPAs expect further investments in the extractive and utilities industries, while Latin American IPAs emphasize the finance and tourism services. Asian IPAs report positive prospects in construction, agriculture, and machinery. IPAs in transition economies have high expectations for the construction, utilities, and textiles industries.