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.
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Global value chains and the crisis
The link between the economic crisis and global value chains is not straightforward and has recently received a lot of attention in policy discussions. However data on the effects of the crisis are scarce. Figures on international trade and foreign direct investment have decreased dramatically in the aftermath of the crisis (see earlier), and some data also show that the activities of multinationals have been hard hit by the crisis.
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