The institute said total net private capital flows continued at $502 billion in 2006, just below the record total of $509 billion set in 2005. It also said net commercial bank flows in 2006 exceeded $140 billion for the second year in a row. China and Asia in general remain the biggest recipients of direct investment, according to the report, although it pointed to a rapid rise in investment in central and eastern Europe as well.
The institute predicts total net private capital flows of $470 billion in 2007, and net commercial bank flows of $100 billion. The figures, which are slightly lower than those for 2006, reflect an estimated modest decline in global economic growth.