It is really hard being an honest analyst. You spend most of your time being ridiculed by your on-the-take (in one form or another) adversaries. But sometimes the data speaks so loud, and the right political climate evolves, that the stars align and the glaringly obvious dare speak its name. You know something is completely SNAFU when Mauritius is responsible for 28% of all Foreign Direct Investment (FDI) in India. As per the recently released OECD study ADDRESSING BASE EROSION AND PROFIT SHIFTING p.17
The OECD and IMF compile statistics on FDIs based on information collected the national level. More in-depth analyses of these data could be useful. For example, by searching through the IMF Co-ordinated Direct Investment Survey (CDIS), it emerges that in 2010 Barbados, Bermuda and the British Virgin Islands received more FDIs (combined 5.11% of global FDIs) than Germany (4.77%) or Japan (3.76%). During the same year, these three jurisdictions made more investments into the world (combined 4.54%) than Germany (4.28%). On a country-by-country position, in 2010 the British Virgin Islands were the second largest investor into China (14%) after Hong Kong (45%) and before the United States (4%). For the same year, Bermuda appearsas the third largest investor in Chile (10%). Similar data exists in relation to other countries, for example Mauritius is the top investor country into India (28%), the British Virgin Islands (12%), Bermuda (7%) and the Bahamas (6%) are among the top five investors into Russia.