Geography and Ownership as Bases for Economic Accounting provides a
forum for leading specialists in trade and international economics to
explore whether changes in the world economy have increased the
usefulness of international accounts drawn up on the basis of ownership
rather than on geography. The papers in this volume suggest that
ownership-based national accounts are helpful in understanding trade and
financial transactions among globalized enterprises. Individual chapters
emphasize this perspective through accounting exercises, studies of
individual countries, and studies of foreign direct investment and its
relation to national economies.
This volume gives trade and international economists the data and
resources to renew discussion of this timely issue.