_it E d 2010 Measuring Globalisation e it Measuring Globalisation s io w n o OECD Economic Globalisation Indicators r yl B n This second edition of the OECD Economic Globalisation Indicators presents a broad range of indicators. O e D Measurement of the magnitude and intensity of the globalisation process is becoming increasingly important da l for policymakers and other analysts, hence the need for a volume that brings together the existing measures, C u E e e based on national data sources and comparable across countries. Together, the indicators shed new light on Measuring Globalisation O R s financial, technological and trade interdependencies within OECD and non-OECD countries. n e A r u Measures of globalisation relate to capital movements and foreign direct investments, international trade, the L c t economic activity of multinational firms and the internationalisation of technology. In addition, the 2010 edition e also includes indicators linked to the current financial crisis, portfolio investments, environmental aspects and the emergence of global value chains. OECD Economic Globalisation Indicators OECD Economic Globalisation Indicators OECD Economic Globalisation Indicators The full text of this book is available on line via these links: www.sourceoecd.org/finance/9789264084353 www.sourceoecd.org/industrytrade/9789264084353 www.sourceoecd.org/scienceIT/9789264084353 Those with access to all OECD books on line should use this link: www.sourceoecd.org/9789264084353 SourceOECD is the OECD’s online library of books, periodicals and statistical databases. For more information about this award-winning service and free trials ask your librarian, or write to us at [email protected]. 2010 isbn 978-92-64-08435-3 92 2010 03 1 P www.oecd.org/publishing -:HSTCQE=U]YXZX: 2010 _it Ed e it s io w n o r B e D l C u E e O Read Only s n e A r u Lect About OECD Browse_it editions In a traditional bookshop you can browse the display copies from cover-to-cover, free of charge. Wouldn't it be good to be able to do the same online? Now you can. OECD's Browse_it editions allow you to browse our books, online, from cover-to-cover. But, just as in a real bookshop where you can't take or copy pages from the books on display, we've disabled the print and copy functions in our Browse-it editions - they're read-only. And, just as in a real bookshop, you may choose to buy or borrow from a library some titles you've browsed, so we hope you'll buy or borrow our books when they meet your needs. 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The Organisation L e provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies. The OECD member countries are: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The Commission of the European Communities takes part in the work of the OECD. OECD Publishing disseminates widely the results of the Organisation’s statistics gathering and research on economic, social and environmental issues, as well as the conventions, guidelines and standards agreed by its members. This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. ISBN 978-92-64-08435-3 (print) ISBN 978-92-64-08436-0 (PDF) ISBN 978-92-64-08437-7 (HTML) Also available in French: Mesurer la mondialisation : Indicateurs de l’OCDE sur la mondialisation économique The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. Corrigenda to OECD publications may be found on line at: www.oecd.org/publishing/corrigenda. © OECD 2010 You can copy, download or print OECD content for your own use, and you can include excerpts from OECD publications, databases and multimedia products in your own documents, presentations, blogs, websites and teaching materials, provided that suitable acknowledgment of OECD as source and copyright owner is given. All requests for public or commercial use and translation rights should be submitted to [email protected]. Requests for permission to photocopy portions of this material for public or commercial use shall be addressed directly to the Copyright Clearance Center (CCC) at [email protected] or the Centre français d’exploitation du droit de copie (CFC) at [email protected]. _it E d e it s io w FOREWORD n o r yl B n O O e D ad l C u E e e O R s n e A r u L e c t Foreword Appropriate indicators that can measure the magnitude and intensity of the globalisation process are increasingly important to underpin evidence-based policy. This publication is the second edition of the OECD’s Economic Globalisation Indicators, which responds to the demand of policy makers. It includes a range of indicators that are largely based on the OECD Handbook on Economic Globalisation Indicators, which provides a conceptual and methodological framework for gathering quantitative information and constructing indicators. The Handbook also provides national data compilers with the methodological and statistical guidelines needed to construct the chosen indicators and make them compatible with international standards. This second edition of OECD Economic Globalisation Indicators presents measures of globalisation related to capital movements and foreign direct investments, international trade, the economic activity of multinational firms and the internationalisation of technology. However, it goes beyond what is proposed in the Handbook as it also includes some indicators linked to the financial crisis, portfolio investments, environmental aspects and the emergence of global value chains. This volume results from the co-operation of four OECD directorates: the Directorate for Science, Technology and Industry (DSTI), the Directorate for Financial and Enterprise Affairs (DAF), the Statistics Directorate (STD) and the Environment Directorate (ENV). This second edition was prepared under the direction of Thomas Hatzichronoglou of DSTI with the help of Isabelle Desnoyers-James and Laurent Moussiegt who provided statistical assistance and managed all technical aspects of the report. Koen De Backer was responsible for the final revision. The authors of this publication are: ● Thomas Hatzichronoglou (DSTI) for Sections A, B, F, I, J and K; ● Ayse Bertrand (DAF) for D and E; ● Andreas Lindner (STD) for Section C and Prof. Lelio Iapadre (University of L’Aquila, Italy) for Indicator C.12 on intra-regional trade; ● Laudeline Auriol (DSTI) for Section G; ● Nick Johnstone and Xavier Leflaive (ENV) for Section H; ● Koen De Backer (DSTI) for Sections A and L. In addition, other OECD staff also made significant contributions, including Dirk Pilat, Andrew Wyckoff, Norihiko Yamano, Myriam Linster, Valérie Gaveau, Cécilia Piemonte, Eun-Pyo Hong, Florian Eberth, Bettina Wistrom, Patrizio Sicari, Eric Gonnard, Agnès Cimper, Chiara Criscuolo, Bo Meng, Sébastien Miroudot, Sonia Araujo, Joaquim Oliveira Martins and Philippe Hervé. OECD ECONOMIC GLOBALISATION INDICATORS © OECD 2010 3 _it E d e it s io w n o r yl B n O O e D ad l C u E e e O R s n e A r u L e c t 5IJTCPPLIBT StatLinks2 "TFSWJDFUIBUEFMJWFST&YDFM¥mMFT GSPNUIFQSJOUFEQBHF -PPLGPSUIF4UBU-JOLTBUUIFCPUUPNSJHIUIBOEDPSOFSPGUIFUBCMFTPSHSBQITJOUIJTCPPL 5PEPXOMPBEUIFNBUDIJOH&YDFM¡TQSFBETIFFU KVTUUZQFUIFMJOLJOUPZPVS*OUFSOFUCSPXTFS TUBSUJOHXJUIUIFIUUQEYEPJPSHQSFàY *GZPVSFSFBEJOHUIF1%'FCPPLFEJUJPO BOEZPVS1$JTDPOOFDUFEUPUIF*OUFSOFU TJNQMZ DMJDLPOUIFMJOL:PVMMàOE4UBU-JOLTBQQFBSJOHJONPSF0&$%CPPLT _it E d e it s io w TABLE OF CONTENTS n o r yl B n O O e D ad l C u E e e O R s n e A r u L e c t Table of Contents Executive Summary .