External Debt Statistics: Guide for Compilers and Users

External Debt Statistics: Guide for Compilers and Users

by International Monetary Fund. Statistics Dept.

347 pages· 2014· ISBN 9781498307789

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The IMF has released the 2013 External Debt Statistics: Guide for Compilers and Users (2013 EDS Guide), which contains updated global standards for the compilation, reporting, and analytical use of external debt statistics. The 2013 EDS Guide was prepared under the responsibility of the nine organizations in the Inter-Agency Task Force on Finance Statistics (TFFS), in close consultation with national compilers of external debt, balance of payments, and international investment position statistics. [1] The 2013 EDS Guide reflects the significant developments in international finance since the issuance of the 2003 EDS Guide. The 2013 EDS Guide provides guidance on (1) the concepts, definitions, and classifications of external debt data; (2) the sources and techniques for compiling these data; and (3) the analytical uses of these data. The concepts set out in the 2013 EDS Guide are fully harmonized with those of the System of National Accounts 2008 (2008 SNA) and the sixth edition of the IMF’s Balance of Payments and International Investment Position Manual (BPM6). [1] The TFFS is chaired by the International Monetary Fund (IMF), and its member agencies are the Bank for International Settlements (BIS), the Commonwealth Secretariat (ComSec), the European Central Bank (ECB), the European Commission (Eurostat), the IMF, the Organization for Economic Co-operation and Development (OECD), the Paris Club Secretariat, the United Nations Conference on Trade and Development (UNCTAD), and the World Bank.

Discussion questions for External Debt Statistics: Guide for Compilers and Users

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  1. 1

    How does the evolution of global financial standards, as outlined in the 2013 EDS Guide, reflect the changing nature of international risk since the 2003 edition?

  2. 2

    In an increasingly interconnected global economy, how do you think discrepancies in external debt reporting impact the stability of everyday citizens' local economies?

  3. 3

    The guide emphasizes the harmonization of data with the 2008 SNA and BPM6; why is consistency in financial "language" so crucial for international cooperation and crisis prevention?

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