Balance of Payments and International Investment Positions

Author(s):  
Peijie Wang
Author(s):  
К. Буневич ◽  
K. Bunevich ◽  
Э. Гаврилова ◽  
E. Gavrilova ◽  
О. Иванова ◽  
...  

The balance of payments and the international investment position (hereinafter referred to as the IIP) reflect the specifics and peculiarities of the country's economy. However, the data of statistical reports on the economic activities of the country represent only the final formed results for a certain period or date. They do not reflect the nature of the formation of their individual articles. For a deeper understanding of the country's economic processes, it is necessary to analyze the qualitative nature of the formation of the final articles included in the statistical reports under consideration; economic relations due to the flow of direct investment and the role of this flow in reflecting the economic processes of the country.


2019 ◽  
Vol 2019 (306) ◽  
Author(s):  

An external sector statistics (ESS) technical assistance (TA) mission visited the National Statistics Office of Georgia (Geostat) in Tbilisi, Georgia, during May 6–10, 2019. It was undertaken at the request of Geostat and was a follow up to the TA mission conducted in November 2016. The main objectives of the mission were to assess the Geostat’s progress in the area of external sector statistics (ESS) and provide further recommendations on improving the data collection and compilation for producing the financial account components, including direct investment statistics, in an integrated format. Additionally, the mission worked closely with the National Bank of Georgia (NBG)—the institution in charge of compilation of balance of payments, international investment position (IIP), and external debt statistics—on issues related to reconciliation between the data provided by the Geostat with compiled ESS datasets.


Significance He aims to increase incentives for private firms and foreign state-owned enterprises to operate in Ecuador, while reducing the role of national oil company Petroecuador. The reforms, if implemented, may have their intended effect on oil production but they will stoke political tensions and will be challenged by indigenous and environmental movements. Impacts Plans to boost oil production will reassure international investors about the government’s ability to service foreign debt obligations. Global campaigns against funding oil investment might limit international investment in the oil sector to some degree. Increased oil production and exports will alleviate balance of payments constraints on economic growth.


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