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Measuring Globalisation: OECD Economic Globalisation Indicators 2010

image of 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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International trade and investment flows

International trade and investment flows are the primary drivers of globalisation. Measured in the balance of payments, current accounts encompass exports and imports of goods and services, along with all types of income generated by international investment. The three categories of international investment are: portfolio investment, direct investment and other investment. Because of their particular nature, flows involving derivative instruments are dealt with separately.

English

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