Measuring Globalisation: OECD Economic Globalisation Indicators 2010
This second edition of the OECD Economic Globalisation Indicators presents a broad range of indicators showing the magnitude and intensity of globalisation. This process is becoming increasingly important for policymakers and other analysts, hence the need for a volume that brings together the existing measures, based on national data sources and comparable across countries. Together, the indicators shed new light on financial, technological and trade interdependencies within OECD and non-OECD countries.
Measures of globalisation include indicators on capital movements and foreign direct investments, international trade, the economic activity of multinational firms and the internationalisation of technology. In addition, the 2010 edition also includes indicators linked to the current financial crisis, portfolio investments, environmental aspects and the emergence of global value chains.
Outward activity
employment and turnover of affiliates abroad
The ratio of the turnover of affiliates abroad to the turnover of parent companies at home can be used as an indicator of globalisation. This indicator should however be interpreted with care, since employment and turnover created abroad does not come at the expense of the home country. On the contrary, foreign activities often benefit home country activities and reinforce the global competitiveness of the multinational company.