This month’s release of the annual UNCTAD Investment Report suggests that reductions in global FDI level, seen after the 2008 economic downturn, are structural. The peak in investment at that time shows little sign of returning, given a 2% decrease in total investment in 2016 by capital expenditure, compared to the previous year. While UNCTAD expect a modest increase again in the coming year, it is interesting to note the theme for this year’s report is digital development. G