United Nations Economic Commission for Europe Statistical Division

United Nations Economic Commission for Europe Statistical Division Impact of globalisation: Do we have the right numbers ? Lidia Bratanova UNECE

Statistical challenges: four broad categories v Measure the phenomenon itself • • v How can we measure ? Which indicators capture the growing interdependence of national economies ? Describe the behaviour of MNEs – driving force behind globalisation • • • How do MNEs behave, and why ? What are the reasons behind the division of activities ? What are the comparative advantages of national economies? Lidia Bratanova - UNECE Statistical Division Slide 2

Statistical challenges: four broad categories v Impact of globalisation on traditional indicators On all aspects of a society’s development, economic, social and environmental • More information is needed to support analyses • v Impact on the compilation of traditional indicators More enterprises running business on an international scale • Growing cross-border mouvement of people, financial capital , goods and services • Lidia Bratanova - UNECE Statistical Division Slide 3

Magnitude of the phenomenon v v v MNEs: In US account for 30% of VA, 60% of exports and over 50 % of imports; In Ireland 10 MNEs account for 34 % of all exports SPEs: In Netherlands their balance sheets exceeded 1, 6 trillion euros, almost 3 times Dutch GDP in 2007 International labour movement: In Czech Republic 5 -7% are imigrant workers; In Ukraine, 5% of working population worked abroad over 2005 -2008 Remittances: global value in 2008 estimated to 395 billion USD; In Russia estimated to 52 billion, more than 3% of GDP in 2008; Second homes abroad: In France nearly 10 % owned by nonresidents; In Norway more than 80 000 households owned a house abroad in 2008 18 March 2018 Lidia Bratanova - UNECE Statistical Division Slide 4

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Guide on Impact of Globalisation v v Reviews the many ways in which globalisation affects measures of economic activity Highlights areas that increasingly need attention and resources to maintain quality of NA and related statistics Examines the behaviour of NNEs and how this may affect the compilation of statistics Includes many examples showing how countries have responded to statitical challenges brought by globalisation Lidia Bratanova - UNECE Statistical Division Slide 6

Further work: global production v v v v Significantly complicates the compilation of economic statistics Study the existing practices in relation to different types of global arrangements Clarify typology, concepts and definitions Address conceptual and measurement issues (6 +6) Practical guidance on statistical treatment of global production arrangements Guidance on required data collection Recommend examples of good practices Lidia Bratanova - UNECE Statistical Division Slide 7

Stay tuned v Website: http: //www. unece. org/stats/ v E-mail: lidia. bratanova@unece. org 18 March 2018 Lidia Bratanova - UNECE Statistical Division Slide 8