2014 Pilot External Sector Report

Date: June 26, 2014
Electronic Access: Full Text

Summary:The IMF’s third Pilot External Sector Report (ESR) presents a multilaterally consistent assessment of the largest economies’ external sector positions and policies for 2013 and early 2014. The report integrates the analysis from the Fund’s bilateral and multilateral surveillance to provide a coherent assessment of exchange rates, current accounts, reserves, capital flows, and external balance sheets. Together with the Spillover Report and Article IV consultations (with their heightened focus on spillovers), this Report is part of a continuous effort to ensure the Fund is in a good position to address the possible effects of spillovers from members’ policies on global stability and monitor the stability of members’ external sectors in a comprehensive manner.

Series : Policy Paper
Subject(s): External sector | Current account balances | External financing | Capital flows | Reserves accumulation | Reserves adequacy | Foreign exchange | Intervention | External Sector Report