Jump to ContentJump to Main Navigation
Measuring Economic Sustainability and Progress$
Users without a subscription are not able to see the full content.

Dale W. Jorgenson, J. Steven Landefeld, and Paul Schreyer

Print publication date: 2014

Print ISBN-13: 9780226121338

Published to Chicago Scholarship Online: May 2015

DOI: 10.7208/chicago/9780226121475.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 21 September 2021

Toward the Development of Sectoral Financial Positions and Flows in a From-Whom-to-Whom Framework

Toward the Development of Sectoral Financial Positions and Flows in a From-Whom-to-Whom Framework

Chapter:
(p.373) 12 Toward the Development of Sectoral Financial Positions and Flows in a From-Whom-to-Whom Framework
Source:
Measuring Economic Sustainability and Progress
Author(s):

Manik Shrestha

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226121475.003.0013

The global crisis of 2008 highlighted the importance of understanding financial interconnectedness among the various sectors of an economy and between them and their counterparties in the rest of the world. In addition, the financial interconnectedness is also to be understood as an integral part of the linkages between real and financial economies. Although the System of National Accounts (SNA) provides an overarching framework for the development of such macroeconomic statistics, application of this kind of analysis has been hampered by the lack of adequate data. This chapter reviews the attributes of the SNA as a framework for integrated macroeconomic accounts, explores application of SNA principles for developing data on inter-sectoral financial linkages, reviews some important experiences that may be of use in the development of fully integrated macroeconomic accounts, and outlines activities and steps to implement sectoral accounts and balance sheets, including sectoral financial positions and flows in a from-whom-to-whom framework.

Keywords:   financial interconnectedness, System of National Accounts, flow of funds, integrated macroeconomic accounts, balance sheet approach, financial statistics

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.