Selected Issues in Representing Globalization Processes in Macroeconomic Calculations
Abstract
Today the question of representing globalization processes in macroeconomic calculations, in particular, in several indicators of the SNA and balance of payments, is becoming very relevant. The topics that touch upon global value chains include for example e- commerce, crossborder investments, material processing services, personal transfers. The authors describe changes in the 2008 SNA that concern representing modern global economic relations and harmonization of national accounts and balance of payments. The article presents methodological guidelines adopted in national accounts and balance of payments; it demonstrates challenges associated with constructing modern macroeconomic indicators that are caused by the non-market price formation and several other issues related to globalization. The specifics of recording the transfer of patents, licenses and know-how at transfer prices within the multinational enterprises are reviewed. The ways to make transfers between residents and non-residents are shown, along with a fairly new topic of intergenerational transfers. On the basis of the study, the most important phenomena of globalization are identified from the point of view of statistical analysis of modern social and economic development.
About the Author
Aleksandra A. Lyapina
Lomonosov Moscow State University
Russian Federation
Russian Federation
Cand. Sci. (Econ.), Researcher, Faculty of Economics
1-46, Leninskiye Gory, GSP-1, Moscow, 119991
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Review
For citations:
Lyapina A.A. Selected Issues in Representing Globalization Processes in Macroeconomic Calculations. Voprosy statistiki. 2018;25(7):62-71. (In Russ.)
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