Balance of Payments Textbook

Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
April 1996
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    © 1996 International Monetary Fund

    Cataloging-in-Publication Data

    Balance of payments textbook.—Washington, DC, USA:

    International Monetary Fund, © 1996.

    viii, 150 p.

    Companion volume to: Balance of payments manual. 5th ed. and Balance of payments compilation guide.

    ISBN 9781557755704

    1. Balance of payments—Statistics.

    I. International Monetary Fund.

    HG3882.B342 1996

    Price: US$25.00

    Please send orders to:

    International Monetary Fund, Publication Services

    700 19th Street, NW, Washington, DC 20431, USA

    Telephone (202) 623-7430 Telefax (202) 623-7201

    Internet: publications@imf.org

    Contents

    Foreword

    The Balance of Payments Textbook (the Textbook) is the second of two companion documents to the fifth edition of the Balance of Payments Manual (the Manual), which was published by the International Monetary Fund in 1993. The fifth edition of the Manual addresses the many important changes that have occurred in international transactions, harmonizes (as closely as possible) balance of payments concepts with the revised System of National Accounts 1993 and other IMF statistical methodologies, and covers the important topic of international investment position statistics. The Balance of Payments Compilation Guide, published by the IMF in 1995, offers practical direction for using established and emerging data sources and applying or adapting a variety of methods to compile statistics for the balance of payments and the international investment position. Publication of the Balance of Payments Textbook completes the trilogy that provides a comprehensive range of information on the compilation of balance of payments statistics and will, it is hoped, make a significant contribution to the understanding of balance of payments issues.

    The Textbook is intended as one of the main reference materials for training courses in balance of payments methodology. Such courses may be conducted—under the aegis of the IMF Institute—by the Statistics Department at IMF headquarters in Washington, DC or organized externally. The Textbook is designed to provide illustrative examples and applications of concepts, definitions, classifications, and conventions contained in the Manual and to afford compilers with opportunities for enhancing their understanding of the relevant parts of the Manual.

    The Textbook was produced by the IMF Statistics Department under the supervision of Mr. Mahinder S. Gill, assistant director, Balance of Payments and External Debt Division I (BOPED I). The task of drafting and finalizing the Textbook was undertaken by Mr. Peter Harper, an economist in BOPED I. Ms. Nancy W. Basham edited and coordinated print production of the Textbook, and Ms. Suzanna Persaud, administrative staff assistant in BOPED I, typed the final version.

    I am hopeful that the Textbook, as part of the comprehensive range of documentation on balance of payments methodology now available, will make a significant contribution to the training of compilers as well as users of balance of payments statistics.

    John B. McLenaghan

    Director, Statistics Department

    International Monetary Fund

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