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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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Offshoring/outsourcing abroad by technology level

The sourcing of intermediates abroad appears to be more important in higher-technology than in lowertechnology industries (higher-technology industries are defined as high- and medium-high-technology industries, ISIC Rev. 3: 24, 29-33, 35; lower-technology industries are defined as medium-low- and lowtechnology industries, ISIC Rev. 3: 15-23, 25-28, 34, 36-37). In most countries the offshoring indicator is higher for higher-technology industries than for lowertechnology industries, owing to the generally greater complexity of technology-intensive goods which typically require a broad range of inputs.

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