Institutional Sector Accounts - Advanced
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- Institutional Sector Accounts - Advanced
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Bibliographic details
- Session: ST 23.37
- Location: Singapore, Singapore
- Dates: October 30, 2023 - November 10, 2023 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: English
- Status: Deadline passed
Logistics and Qualifications
- Session No.: ST 23.37
- Location: Singapore, Singapore
- Date: October 30, 2023 - November 10, 2023 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: English
- Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.
Target Audience
- Officials whose main responsibility is compiling national accounts including financial accounts statistics and balance sheet statistics—specifically responsible for the sectoral accounts, household distribution accounts and accounts on a from-whom-to-whom basis—who are employed by national statistical agencies and central banks.
Course Description
- Presented by the IMF Statistics Department and based on the conceptual framework of the 2008 System of National Accounts (2008 SNA).
- Covers advanced methodological and practical issues related to the compilation of the sequence of accounts of the SNA:
- current and capital accounts,
- financial accounts,
- other changes in volume of assets accounts,
- revaluation accounts,
- balance sheets by institutional sectors.
- Examines linkages between institutional sectors as a basis for establishing from-whom-to-whom accounts.
- Aims to provide participants with the necessary skills to compile—or further enhance—their country's institutional sector accounts and balance sheets.
- Course format:
- Lectures covering conceptual and methodological issues.
- Workshop sessions on practical compilation issues.
- Discussions on emerging financial issues such as fintech and crypto assets.
- Case studies involving new applications of ISA such as household distributions to examine income, consumption and wealth accumulation by various cohorts and intergenerational transfers and pensions.
- Reviews of the myriad ways in which ISA supports economic policy.
- Lectures provide a thorough review of the methodological framework, concepts, and definitions relating to sectoral institutional sector accounts and balance sheets.
- Examines potential data sources for the compilation of annual and quarterly ISA and illustrates possible compilation techniques and procedures.
- Provides a forum for participants to share country practices and experiences relating to the compilation of sectoral institutional accounts and balance sheets.
Course Objectives
Upon completion of the course, participants should be able to:
- Develop from-whom-to-whom financial flow and balance sheet accounts.
- Construct household distributional tables.
- Understand the link between financial and non-financial statistics to develop an integrated approach to compiling data on financial and non-financial economic activities, financial transactions, and balance sheets by institutional sector.
- Analyze the ISA through a from-whom-to-whom lens in recognition of the counterparties that exist as party to transactions within the accounts.
- Apply the acquired knowledge on concepts and methodology to identify data gaps as well as strengths and weaknesses in existing data.
- Explain to policymakers the importance and relevance of compiling ISA and balance sheets for the analysis of economic and financial developments.
References
- In-person Training
- Sovereign Risk and Debt Sustainability Framework for Market Access Countries and IMF Policies (SRDSF-MAC)
- Fiscal Policy Analysis (FPA)
- Taxation and Domestic Revenue Mobilization
- Integrating Basel III Liquidity Standards with ILAAP A Framework for Effective Liquidity Risk Management
- Financial Programming and Policies (FPP)