The System of Indicators of International Production

Abstract

The article attempts to elaborate a system of indicators to estimate scale and scope as well as dynamics of international production. The article distinguishes three sets of indicators which include: numbers of TNCs and their foreign affiliates; flows and stock of inward and outward foreign direct investment; activities of foreign affiliates, such as total assets, sales, exports and employment. Taking into account this system of indicators the author comes to a conclusion that in present time international production is a significant and growing phenomenon of world economy.