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Balance of Payments DivisionIMF Statistics Department

FDI Statistics Workshop—Measuring Globalization: Better Data for Better Policy

Eduardo Valdivia-Velarde, IMFParis, March 20, 2014

Panel 1. Measuring Investment Globalization: Are FDI Statistics Still a Useful Metric?

Balance of Payments DivisionIMF Statistics Department

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Some key issues

Comprehensive definition of direct investment

Substantial progress made in recent years

Adoption of new methodological standards

Collection and dissemination of comprehensive and harmonized FDI position data and metadata (inward and outward) with geographical detail (e.g., CDIS)

The need for compiling and disseminating some data does not become evident until a crisis underscores its importance.

Balance of Payments DivisionIMF Statistics Department

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CPIS and CDIS: Increasing geographical coverage

Not ReportingCDIS onlyCPIS onlyBoth CPIS and CDIS

Balance of Payments DivisionIMF Statistics Department

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Few additional remarks

Importance of internationally-accepted statistical standards Countries’ efforts in the compilation and dissemination of

supplementary information of direct investment are most welcome

Exploring new concepts may be a valuable avenue for future improved standards, but it is essential to implement to the extent possible the current international standards