[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"question:112:en-US":3},{"metadata":4,"sys":15,"fields":35},{"tags":5,"concepts":14},[6,11],{"sys":7},{"type":8,"linkType":9,"id":10},"Link","Tag","global",{"sys":12},{"type":8,"linkType":9,"id":13},"partnership",[],{"space":16,"id":20,"type":21,"createdAt":22,"updatedAt":23,"environment":24,"publishedVersion":28,"revision":29,"contentType":30,"locale":34},{"sys":17},{"type":8,"linkType":18,"id":19},"Space","ghhpjogyw4x7","61c4ba0390b0429d11790d6be6dd977c","Entry","2022-01-05T10:49:47.285Z","2023-11-27T09:05:41.675Z",{"sys":25},{"id":26,"type":8,"linkType":27},"master","Environment",117,17,{"sys":31},{"type":8,"linkType":32,"id":33},"ContentType","question","en-US",{"globalId":36,"answers":37,"answersAsImages":57,"wrongPercentage":94,"name":95,"questionText":96,"statistics":97,"veryWrongStatistics":99,"correctSentence":101,"youWereWrong":102,"youWereRight":103,"dataSourceShortText":104,"dataSourceLinkLongText":105,"extendedAnswerText":106,"headingVeryWrong":107,"youWereVeryWrong":108,"headingWrong":107},"112",[38,60,77],{"metadata":39,"sys":42,"fields":55},{"tags":40,"concepts":41},[],[],{"space":43,"id":45,"type":21,"createdAt":46,"updatedAt":47,"environment":48,"publishedVersion":50,"revision":51,"contentType":52,"locale":34},{"sys":44},{"type":8,"linkType":18,"id":19},"c4204380446efc42fe982efe704fb818","2022-01-05T11:43:04.152Z","2023-10-19T13:17:10.883Z",{"sys":49},{"id":26,"type":8,"linkType":27},15,10,{"sys":53},{"type":8,"linkType":32,"id":54},"answer",{"globalId":56,"correctAnswer":57,"isVeryWrong":58,"answerText":59},"112-a1",false,true,"20%",{"metadata":61,"sys":64,"fields":74},{"tags":62,"concepts":63},[],[],{"space":65,"id":67,"type":21,"createdAt":68,"updatedAt":69,"environment":70,"publishedVersion":50,"revision":51,"contentType":72,"locale":34},{"sys":66},{"type":8,"linkType":18,"id":19},"b63538530ffd65a028097ad1619dcfae","2022-01-05T11:43:11.046Z","2023-10-19T13:17:10.840Z",{"sys":71},{"id":26,"type":8,"linkType":27},{"sys":73},{"type":8,"linkType":32,"id":54},{"globalId":75,"correctAnswer":57,"isVeryWrong":57,"answerText":76},"112-a2","50%",{"metadata":78,"sys":81,"fields":91},{"tags":79,"concepts":80},[],[],{"space":82,"id":84,"type":21,"createdAt":85,"updatedAt":86,"environment":87,"publishedVersion":50,"revision":51,"contentType":89,"locale":34},{"sys":83},{"type":8,"linkType":18,"id":19},"b67a0bb72eb009ae35d5c382fd3969d6","2022-01-05T11:43:20.543Z","2023-10-19T13:17:10.731Z",{"sys":88},{"id":26,"type":8,"linkType":27},{"sys":90},{"type":8,"linkType":32,"id":54},{"globalId":92,"correctAnswer":58,"isVeryWrong":57,"answerText":93},"112-a3","80%",70,"Foreign investment promotion","What share of the least developed countries in the world have foreign investment promotion agencies?",[98],"uk 0.7",[100],"uk 0.45","Around 80% of the least developed countries have an agency to promote foreign investment","Yet you assumed only half of the poorest countries promote themselves to foreign investors. Actually most do!","They assumed most poor countries don’t promote themselves to foreign investors. In fact, most do.","Source: UNCTAD","This figure is for SDG indicator SDG 17.5. We approached UNCTAD directly in August 2022 who explained that there were 46 Least Developed Countries, of which 36 have an Investment Promotion Agency (which is 78%). BUT if we also count investment agencies that are within a government ministry or if they are are a full ministry of investment, then there are 43 (so 93%).\nIt does seem to be broadly accepted that most countries have some foreign investment promotion and the two independent experts we consulted for this question said they trusted UNCTAD as a source for this. We kept the correct answer at 80%, in order to avoid overstating progress.\n\n[1]  [UNCTAD](https:\u002F\u002Fstats.unctad.org\u002FDgff2016\u002Fpartnership\u002Fgoal17\u002Ftarget_17_5.html )  ","Today, most low-income countries have set up an agency to attract and connect with potential foreign investors, which is a powerful tool for any country to get better integrated in the global market. \n\nWhat historically prevented most of them from proactively trying to entice new companies wasn't lack of ambition, but lack of resources. \n\n### Why are people wrong about this?\nMost people assume that only a few of the least developed countries have agencies to promote foreign investment. Perhaps they think poor countries lack the ambition to try to attract foreign money. \n\n### Why is it a problem that people are wrong about this?\nIt likely means they view the poorest countries as being stuck in poverty, with no desire to grow and improve living conditions for their citizens. That mindset can then limit their own opportunities to travel, study and invest.\n\n### Can I trust this fact?\nYes, but with caveats. The UN SDG indicator SDG 17.5, which covers this subject, doesn’t actually have an official measure yet. But we approached UNCTAD directly in August 2022 who explained that there were 46 Least Developed Countries, of which 36 have an Investment Promotion Agency (which is 78%). BUT if we also count investment agencies that are within a government ministry or if they are are a full ministry of investment, then there are 43 (so 93%).\nIt does seem to be broadly accepted that most countries have some foreign investment promotion and the two independent experts we consulted for this question said they trusted UNCTAD as a source for this. We kept the correct answer at 80%, in order to avoid overstating progress.","Investors WANTED!","Yet you assumed only a minority of the poorest countries promote themselves to foreign investors. Actually most do!"]