Asymmetries in the Coordinated Direct Investment Survey: What Lies Behind?
IMF Working Papers, November 21, 2017
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- Asymmetries in the Coordinated Direct Investment Survey: What Lies Behind?
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Bibliographic details
- Authors: Emma Angulo, Alicia Hierro
- Published: November 21, 2017
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484330036.001
Summary / Overview
- Analyzes asymmetries in direct investment positions reported in the Coordinated Direct Investment Survey (CDIS) following a top down approach.
- Three levels of analysis:
- Global level asymmetries.
- Asymmetries between CDIS reported and derived data for individual economies.
- Bilateral economy level analysis.
- Explores seven main reasons for asymmetries, including reasons that arise even when economies follow international standards.
- Includes a section on addressing bilateral asymmetries and concludes with specific planned actions to reduce asymmetries, including initiatives led by international organizations.
Methodology
- Follows a top down approach across three analytical scales (global, individual economy, bilateral economy).
- Compares reported CDIS data with derived measures and examines bilateral reporting pairs.
Key findings and themes
- Identifies asymmetries at the global level.
- Documents mismatches between CDIS reported and derived data for individual economies.
- Analyzes bilateral economy level discrepancies to pinpoint where reporting differences occur.
- Attributes asymmetries to seven main reasons (the paper explores these reasons in detail).
Policy recommendations and planned actions
- Presents a section dedicated to addressing bilateral asymmetries.
- Concludes with specific planned actions to reduce asymmetries.
- Notes initiatives led by international organizations as part of the planned actions.
Subjects and keywords (as listed)
- Subject: Asset and liability management, Balance of payments, External position, Financial institutions, Foreign direct investment, International investment position, Securities, Special purpose vehicle, Stocks
- Keywords: Africa, Bilateral Asymmetries, CDIS, compilation system, conduit company, counterpart economy, Direct Investment, direct investment position, economy, economy breakdown, enterprise, enterprise group, enterprise survey, equity investment, Foreign direct investment, Global, International investment position, investment position, reporting economy, reporting enterprise, Securities, Special purpose vehicle, Stocks, ultimate investing economy, WP
Content in this bundle
- Asymmetries in the Coordinated Direct Investment Survey: What Lies Behind?, WP/17/261, November 2017