Measuring Global Flow of Funds: Statistical Framework, Data Sources, and Approaches

This chapter aims to provide a measurement for the global flow of funds (GFF), as discussed in four portions. First, the Chapter will define GFF to determine its statistical domains. Second, the document sets out the ideas and existing data sources and integrates them to measure GFF. These concepts and data sources are reflected in the balance of payments, international investment position (IIP), the Coordinated Direct Investment Survey (CDIS), the Coordinated Portfolio Investment Survey, the consolidated banking statistics (CBS), and the rest of the world (ROW) account. Third, the balance sheet approach is used to break down the ROW into IIP components. An external statistics’ matrix (metadata) exercise shows the available external-sector financial data based on the IIP concept. As the outcome of the study, this chapter compiled GFF matrix with the pattern of “from-whom-to-whom.” Fourth, data science is explored to integrate the data sources, improve the timeliness of the existing data transmission, and illustrate how the GFF matrix operates.