Foreign direct investment (FDI) data has traditionally been recorded by the immediate origin or destination of the investor. This makes the use of such data problematic for understanding MNE activity because: (i) MNEs frequently transit capital via intermediary jurisdictions and (ii) offshore corporate inversions may obscure the real origin of the MNE. To further explore the extent of these practices and how they affect our understanding of MNE activity, my doctoral research will concentrate on examining the case of outward FDI from OECD countries as well as several non-OECD emerging market countries. In addition, my research aims to advance an approach for measuring MNE activity that accounts for both capital in transit and corporate inversions and by so doing, provide a potential step forward in how we measure MNE activity. Recently, the OECD has acknowledged the significant distortionary impacts of both on conventional FDI data, highlighting the importance of this research.
Prior to my PhD I studied for my Master’s degree in International Business Management at Durham University, I obtained a second Undergraduate degree from South Korea, and at undergraduate level I was awarded the Ede & Ravenscroft Award for Academic Excellence.