Countries can adopt several strategies to attract foreign investment:
1. Creating a Stable Economic Environment: Ensuring macroeconomic stability through sound fiscal and monetary policies. 2. Improving Infrastructure: Investing in both physical and digital infrastructure to support business operations. 3. Facilitating Ease of Doing Business: Simplifying regulatory procedures and reducing bureaucratic red tape. 4. Offering Incentives: Providing tax breaks, subsidies, and other financial incentives to attract foreign investors. 5. Protecting Property Rights: Establishing and enforcing strong legal protections for intellectual property and investments.