TY  - JOUR
TI  - The Review of the IMF Working Paper “The Global FDI Network: Searching for Ultimate Investors” (by J. Damgaard, T. Elkjaer)
T2  - INTERNATIONAL ORGANISATIONS RESEARCH JOURNAL
IS  - INTERNATIONAL ORGANISATIONS RESEARCH JOURNAL
KW  - foreign direct investments
KW  - multinational enterprises
KW  - special purpose entities
KW  - financial globalization
AB  - The review of the IMF Working Paper "The Global FDI Network: Searching for Ultimate Investors" provides a detailed overview of three types of problems identified by the authors when using international institutions’ data on foreign direct investment as a proxy for real economic integration between economies: bilateral asymmetries between inward and outward FDI for most country pairs; FDI overestimation caused by special purpose entities that do not carry out real economic activities; and complexities of determining ultimate investing economies. In addition, the review describes an approach proposed by the IMF experts to construct a global FDI network eliminating these problems, as well as FDI estimates within the network.
AU  - Andrei Shelepov
UR  - https://iorj.hse.ru/en/2018-13-2/222800937.html
PY  - 2018
SP  - 221-224
VL  - 13