Pilot External Sector Report
Policy Papers, July 2, 2012
Source details
- Canonical URL
- Pilot External Sector Report
Other formats
Bibliographic details
- Published: July 2, 2012
- Series: Policy Papers
Overview
- This Pilot External Sector Report (ESR) provides a multilaterally consistent analysis of the external positions of major world economies.
- The analysis broadens focus beyond exchange rates to detailed examinations of current accounts, reserves, capital flows, and external balance sheets.
- Draws upon the Research Department’s past and new methods for assessing current accounts and real exchange rates (see Appendix I), and on previous IMF analytical work on exchange rates, capital flows and measures, and reserves adequacy.
- Linked consultation: Consultation on IMF External Sector Assessments.
Context and Drivers
- Motivated by recommendations of the 2011 Triennial Surveillance Review.
- Informed by the Managing Director’s Statement on Strengthening Surveillance (2011).
Analytical Scope and Methods
- Multilaterally consistent framework for assessing external positions of major world economies.
- Incorporates:
- assessments of current accounts,
- analysis of reserves adequacy,
- evaluation of capital flows,
- examination of external balance sheets,
- Research Department methods for current accounts and real exchange rates (see Appendix I).
Subjects Covered
- Balance of payments
- Capital flows
- Current account balances
- External sector
- External Sector Report
- Financial risk
- Fiscal consolidation
- Fiscal policy
- Flexible exchange rates
- Integrated surveillance
- Monetary policy
- Reserves adequacy
Publication and Access Details
- Title: Pilot External Sector Report
- Publication date: July 2, 2012
- Citation format provided: Pilot External Sector Report, (USA: International Monetary Fund, 0) accessed 9/18/2026
- Format available: PDF (Download PDF)
Source: Pilot External Sector Report, International Monetary Fund (web landing page).
Content in this bundle
- Pilot External Sector Report; IMF Policy Paper; July 2, 2012