This paper identifies key questions that are being asked about globalization and MNC’s and then reviews the types of statistics that are required to answer those questions. The paper goes on to assess whether the statistics collected by the Bureau of Economic Analysis are adequate to address...

This note briefly summarizes work conducted in the United States over the past several years to design a report form that collects comprehensive data on U.S. positions and transactions in derivative financial instruments.

The passage of the American Jobs Creation Act of 2004 (AJCA) provided U.S. tax incentives for U.S. multinational companies that receive large dividends from their foreign affiliates. In 2005, dividends paid by foreign affiliates to their U.S. parents were 4 times as large as in 2004. With most...

This paper discusses the classification in the U.S. international economic accounts of borderline cases between direct investment and other types of investment. In the fifth edition of the Balance of Payments Manual (BPM5), one of the key steps forward was in the provision of uniform guidelines...

BEA’s International Accounts Directorate is responsible for preparing the nation’s estimates of the international transactions accounts, international investment position, and operations of U.S. parent companies and U.S. and foreign affiliates, and for preparing analyses of major...

This paper discusses the methodologies employed in the U.S. international economic accounts, in valuing direct investment in prices of the current period. Under international standards, all of the components of the international investment position should reflect current period prices, rather...

Statistics on multinational companies may be grouped into two broad categories: (1) those that pertain to cross-border transactions and positions between direct investors and direct investment enterprises (balance of payments and direct investment position data), and (2) those that pertain to...

This paper looks at the U.S. experience and uses it as a benchmark for identifying the key questions that are being asked about the role and influence of MNC's and the types of statistics that are required to answer those questions. The paper goes on to assess whether the U.S. statistics that...