Mandate: DAF/INV(2018)27 and C(2018)118
Extract of document [DAF/INV(2018)27]
Sub-Committee: Working Group on International Investment Statistics (WGIIS)
Reporting to: Investment Committee (IC) and Committee on Statistics and Statistical Policy (CSSP)
Start Date: 1 January 2019
Duration: 31 July 2020
Mandate:
1. The Working Group on International Investment Statistics (hereafter Working Group) shall assist the Investment Committee and the Committee on Statistics and Statistical Policy in pursuing their mandates to
i.Develop recommendations on the OECD Benchmark Definition of Foreign Direct Investment and to monitor its implementation;
ii.Keep abreast of new developments in multinational enterprises' activities and carry out empirical analysis to support policy discussions in the Investment Committee and the Committee on Statistics and Statistical Policy, as appropriate;
iii.Carry out work on the Research Agenda and propose adjustments to the Benchmark Definition as well as to related statistics and analyses;
iv.Provide timely and comprehensive statistics required for the work of the Secretariat according to the definitions and templates included in the OECD Benchmark Definition of Foreign Direct Investment.
2. To this effect, the Working Group should serve as a forum for senior statisticians to share experience and promote best practices on:
i.implementation of international standards, to facilitate the availability of timely, reliable, and comparable statistics, to analyse these statistics, to develop relevant indicators to respond to the needs for the analysis of the global economy, and to undertake other tasks as required by the Investment Committee and the Committee on Statistics and Statistical Policy in the field of international investment and multinational enterprises.
ii.statistics on international investment and multinational enterprises, and assistance to national authorities concerning the implementation and interpretation of the OECD Benchmark Definition of Foreign Direct Investment.
3. The Working Group shall make regular reports on its activities to the Investment Committee and the Committee on Statistics and Statistical Policy.