Virtual : Balance Sheet Approach (BSA)

Source details

Officials at central banks, ministries of finance and other agencies in charge of compiling monetary and financial statistics, government finance/debt statistics, and external sector statistics; and/or overseeing macro-financial analysis.

Participants are expected to have a degree in economics or statistics, or equivalent experience.

Conducted by the IMF Statistics Department.
Presents a user-friendly tool developed by the department to automatically combine monetary, government, and balance of payment data reported to the Statistics Department to create a distribution of claims and liabilities on a from-whom-to-whom basis.
The generated matrix enables country officials to use the Balance Sheet Approach (BSA) analysis to focus on overall balance sheet linkages and identify specific exposures and vulnerabilities, such as:
- excessive reliance on external funding,
- leverage buildup in the corporate sector,
- overreliance on the banking sector for sovereign debt placement.
This course is an abbreviated version of the longer, BSA course traditionally offered by STA in-person.

Use the BSA matrix information for the identification of balance sheet imbalances, exposures, and risks to shocks such as sudden capital outflows or sharp exchange rate depreciation.
Summarize the source data used for preparing the BSA matrix and identify critical data gaps for their respective countries.
Prepare work plans for addressing these data gaps over the medium-term, in order to provide national policy makers with an analytically useful BSA matrix.