IMF Fiscal Monitor: Managing Public Wealth, October 2018
Fiscal Monitor, October 2018
Source details
- Canonical URL
- IMF Fiscal Monitor: Managing Public Wealth, October 2018
Other formats
Bibliographic details
- Authors: Vitor Gaspar
- Published: October 4, 2018
Overview
- Public sector balance sheets bring together the entirety of what the state owns and owes, offering a broader fiscal picture beyond debt and deficits.
- Once governments understand the size and nature of public assets, they can start managing them more effectively, raising considerable additional revenue.
- Public sector balance sheet analysis allows for better risk management and policymaking.
- Balance sheet analysis raises the tenor of the policy debate, asking how public wealth can be better used to meet society’s economic and social goals.
Fiscal Monitor role and tools
- The Fiscal Monitor provides governments the tools to analyze the resilience of public finances.
- By identifying risks within the balance sheet, governments can act to manage or mitigate those risks early, rather than dealing with the consequences after problems occur.
Content available (as described on the page)
- Executive Summary
- Full Report
- Data (Excel)
- Methodological & Statistical Appendix
- This appendix comprises four sections: Data and Conventions, Fiscal Policy Assumptions, Definition and Coverage of Fiscal Data, and Statistical tables.
- Data in these tables have been compiled based on the information available through September 20, 2018.
Thematic implications for policy
- Comprehensive balance sheet accounting is presented as a foundation for:
- Raising additional revenue through better asset management.
- Improving risk identification and early mitigation of fiscal vulnerabilities.
- Informing policymaking to align public wealth with economic and social objectives.
Source: IMF Fiscal Monitor: Managing Public Wealth, October 2018.
Content in this bundle
- Fiscal Monitor Database — October 2018
- Managing Public Wealth, IMF Fiscal Monitor, October 2018
- Executive Summary, IMF Fiscal Monitor, October 2018
- Methodological and Statistical Appendix, IMF Fiscal Monitor, October 2018
References
- [The Wealth of Nations: Governments Can Better Manage What They Own and Owe
By Vitor Gaspar, Jason Harris, and Alexander Tieman](https://blogs.imf.org/2018/10/09/the-wealth-of-nations-governments-can-better-manage-what-they-own-and-owe/)