Money and Banking Statistics in Former Soviet Union (FSU) Economies

Author/Editor:

K. Wilhelm Nahr ; Robert G DiCalogero ; Richard T. Stillson

Publication Date:

December 1, 1992

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper addresses the major issues concerning the compilation of money and banking statistics for the fifteen republics of the former Soviet Union (FSU), including (1) the treatment of ruble currency circulation and (2) the classification of claims on FSU financial institutions. The paper proposes the use of a monetary authorities’ account to encompass both the domestic and foreign aspects of ruble currency circulation and a classification scheme for monetary accounts that permits the construction of analytically meaningful monetary aggregates. These issues are addressed within an analytical framework that transforms the Gosbank Accounting System into monetary statistics broadly consistent with the Fund’s methodology.

Series:

Working Paper No. 1992/103

Subject:

Banking Commercial banks Credit Currencies External position Financial institutions Fiscal accounting and reporting Foreign assets Money Public financial management (PFM)

Notes:

Addresses the major issues concerning the compilation of money and banking statistics for the fifteen republics of the former Soviet Union (FSU).

English

Publication Date:

December 1, 1992

ISBN/ISSN:

9781451852653/1018-5941

Stock No:

WPIEA1031992

Pages:

60

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