The presentation will cover 3 aspects: the first part will show the use of financial accounts indicators – in particular private sector debt - for the Macroeconomic Imbalance Procedure and other policy analyses. The second part will briefly introduce the joint efforts of the ECB and Eurostat, in collaboration with the European System of Central Banks and the European Statistical System, to ensure high quality and a level-playing field for financial accounts and balance of payments statistics used in the MIP process. The third part will shed light on one specific dimension of these two statistics, namely the measures used to assess the integration and consistency of the balance of payments/international investment positon statistics with the external sector in the financial and non-financial accounts.
11:00 - 12:00
Special Topic Session
Room: Hegelsaal II
Chair:
Gerard Eding
Organiser/s:
Silke STAPEL-WEBER, Caroline Willeke
The session gives a broad overview of current developments and prospects in the statistics. Countries could present their efforts to reconcile balance of payments statistics (BoP) and national accounts, and share experiences on the dissemination of combined products. Furthermore, the policy use of the statistics will be illustrated on basis of the BOP and financial accounts that go into the EU’s Macroeconomic Imbalance Procedure, including the requirements for the quality of the statistics that derive from it. Finally, major medium- and long-term improvements to the statistics will be discussed. We could invite speakers from the relevant ESCB and ESS fora. The relevant G-20 requirements could be an element as well.
The importance of high quality national financial accounts and Balance of Payments for European policy making
Reference:
Th-STS01-02
Session:
Institutional Sector Accounts and Balance of Payments statistics
Presenter/s:
Henning Ahnert
Presentation type:
Oral presentation
Room:
Hegelsaal II
Chair:
Gerard Eding
Date:
Thursday, 18 October 2018
Time:
11:00 - 12:00
Session times:
11:00 - 12:00