Investment promotion agencies (IPAs) were more optimistic in
their assessment of the global investment climate and followed a similar
pattern. While for 2014, IPAs also showed a high degree of uncertainty,
with 45 per cent of respondents selecting neutral or undecided for the
year (figure 2), for the medium-term years, their expectations turned
decidedly positive with almost 90 per cent of respondents being
optimistic for 2016. Although the different perspectives on global
investment climate largely reflect differences in the geographical
coverage of the two surveys1
, IPAs tend to be more confident of their
economic growth perspectives in spite of fragilities and recent political
uncertainties.