OECD Benchmark Definition of Foreign Direct Investment 2008 Fourth Edition

OECD Benchmark Definition of Foreign Direct Investment 2008 Fourth Edition PDF

Author: OECD

Publisher: OECD Publishing

Published: 2009-10-15

Total Pages: 254

ISBN-13: 9264045740

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The OECD Benchmark Definition of Foreign Direct Investment sets the world standard for FDI statistics. It provides a single point of reference for statisticians and users on all aspect of FDI statistics, while remaining compatible with other internationally accepted statistical standards.

OECD Benchmark Definition of Foreign Direct Investment 2008

OECD Benchmark Definition of Foreign Direct Investment 2008 PDF

Author: Organisation for Economic Co-operation and Development

Publisher:

Published: 2008

Total Pages: 241

ISBN-13: 9789264048751

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Foreign direct investment (FDI) is a major driver of globalisation. The OECD Benchmark Definition of Foreign Direct Investment sets the world standard for FDI statistics. It provides a single point of reference for statisticians and users on all aspect of FDI statistics, while remaining compatible with other internationally accepted statistical standards. This edition introduces new analytical data breakdowns and statistical treatments that better reflect the realities of today's world economy. The revised Benchmark Definition provides methods for classifying different types of FDI (e.g., mergers and acquisitions, greenfield investments) and for identifying the ultimate investor. The new edition now addresses the uses of FDI statistics, including globalisation indicators, and provides a chapter relating to the statistics on the activities of multinational enterprises.

What Is Real and What Is Not in the Global FDI Network?

What Is Real and What Is Not in the Global FDI Network? PDF

Author: Jannick Damgaard

Publisher: International Monetary Fund

Published: 2019-12-11

Total Pages: 54

ISBN-13: 1513521527

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Macro statistics on foreign direct investment (FDI) are blurred by offshore centers with enormous inward and outward investment positions. This paper uses several new data sources, both macro and micro, to estimate the global FDI network while disentangling real investment and phantom investment and allocating real investment to ultimate investor economies. We find that phantom investment into corporate shells with no substance and no real links to the local economy may account for almost 40 percent of global FDI. Ignoring phantom investment and allocating real investment to ultimate investors increases the explanatory power of standard gravity variables by around 25 percent.

The Global FDI Network: Searching for Ultimate Investors

The Global FDI Network: Searching for Ultimate Investors PDF

Author: Jannick Damgaard

Publisher: International Monetary Fund

Published: 2017-11-17

Total Pages: 25

ISBN-13: 1484330293

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This paper addresses three types of geographical decoupling in foreign direct investment (FDI), i.e., challenges when using traditional FDI data as a proxy for real economic integration between economies: (i) large bilateral asymmetries between inward and outward FDI, (ii) the role of special purpose entities (SPEs), and (iii) the effect of moving from immediate counterpart to ultimate investing economy (UIE). A unique global FDI network is estimated, where SPEs are removed and FDI positions are broken down by the UIE. Total inward FDI in the new network is reduced by one-third, and financial centers are less dominant.

Asymmetries in the Coordinated Direct Investment Survey: What Lies Behind?

Asymmetries in the Coordinated Direct Investment Survey: What Lies Behind? PDF

Author: Emma Angulo

Publisher: International Monetary Fund

Published: 2017-11-21

Total Pages: 49

ISBN-13: 148433003X

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This paper analyzes asymmetries in direct investment positions reported in the Coordinated Direct Investment Survey (CDIS) following a top down approach. First, it examines asymmetries at global level; second, it examines asymmetries between CDIS reported and derived data for individual economies; and third, the paper analyzes data at bilateral economy level. Then, the paper explores seven main reasons for asymmetries, including those arising even when economies follow international standards. Finally, the paper includes a section on addressing bilateral asymmetries and concludes with specific planned actions to reduce asymmetries, including initiatives led by international organizations.

Valuation of Unlisted Direct Investment Equity

Valuation of Unlisted Direct Investment Equity PDF

Author: Emmanuel O. Kumah

Publisher: International Monetary Fund

Published: 2009-11-01

Total Pages: 75

ISBN-13: 1451873891

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This paper analyzes the seven valuation methods for unlisted direct investment equity included in the recently adopted IMF Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). Based on publicly available Danish data, we test the three methods that are generally applicable and find that the choice of valuation method and estimation technique can have a highly significant impact on the international investment position, pointing to the need for further harmonization. The results show that the price-to-book value method generates more robust market value estimates than the price-to-earnings method. This finding suggests that the valuation basis for the forthcoming Coordinated Direct Investment Survey - own funds at book value -will provide useful information for compiling the international investment position.

Balance of Payments Manual

Balance of Payments Manual PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2005-11-16

Total Pages: 206

ISBN-13: 9781557753397

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The fifth edition of Balance of Payments Manual, issued in 1993, presents revised and updated standards for concepts, definitions, classifications, and conventions for compilation of balance of payments and international investment position statistics that reflect the widespread changes that have taken place in international transactions since the fouth edition was published in 1977. As the international standard, the Manual serves as a guide for IMF member countries that regularly report balance of payments data to the IMF. The Manual contains significantly expanded and restructured coverage of financial flows and stocks and international transactions in services. Harmonization with the System of National Accounts and other IMF statistical systems is also greatly increased. See also companion volumes, the Balance of Payments Compilation Guide and the Balance of Payments Textbook.

World Investment Report 2019

World Investment Report 2019 PDF

Author: United Nations Publications

Publisher:

Published: 2019-08-16

Total Pages: 236

ISBN-13: 9789211129496

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This report focuses on special economic zones (SEZs) which are widely used across most developing and many developed economies. It explores the place of SEZs in today's global investment landscape and provides guidance for policymakers on how to make SEZs work for sustainable development. It presents international investment trends and prospects at global, regional and national levels, as well as the evolution of international production and global value chains. It analyses the latest developments in new policy measures for investment promotion, facilitation and regulation around the world.