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18.1 Significant and rapidly evolving economic developments often pose both challenges and opportunities for statisticians in measuring and reporting on economic phenomena. This is true also of measuring Australia’s balance of payments and international investment position. This chapter focuses on emerging issues relating to statistical sources; the likely impact of foreseeable changes to international statistical standards; and future challenges such as the measurement of internet commerce and the growing demand to measure the impact of globalisation. The chapter finishes with some international perspectives on balance of payments and international investment statistics.