Definition: Affiliated enterprises

Category: External debt - IMF

Enterprises related through direct investment ownership structures, such as branches, subsidiaries, associates, and joint ventures. Affiliated enterprises include those in a direct ownership relationship but also those that are related through a third enterprise and/or a chain of direct investment relationships (For a fuller exposition of direct investment relationships, see the OECD Benchmark Definition of Foreign Direct Investment). http://ec.europa.eu/eurostat/ramon/statmanuals/files/external_debt_guide_2003_EN.pdf#page=255 OECD Benchmark Definition of Foreign Direct Investment
Source:
International Monetary Fund (IMF), "External Debt Statistics: Guide for Compilers and Users; Appendix III. Glossary of External Debt Terms", Washington D.C., 2003
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