General Members News Surprisingly, investment hubs lead to higher tax income and growth in developing countries
During an event organised by the Investment Facilitation Forum (IFF) in Brussels, SEO Amsterdam Economics presented the results of a research conducted on the role of investment hubs in the global economy. The research shows that five investment hubs, Luxembourg, Mauritius, Ireland, the Netherlands and Singapore, play a crucial role in facilitation global cross-border Foreign Direct Investment (FDI) flows, to developing economies in particular. The five hubs accommodate 35% of FDI towards least developed countries, thus significantly contributing to economic growth and tax revenues in these countries.
