XIV. The rest of the world account (external transactions account)
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
15 Mar 1993
Keywords:
BOOK; fixed capital; capital formation; fixed capital capital formation; accounts receivable; balancing item; opening balance; insurance enterprise; unit of account; Imports; Transportation; Exports; Fiscal accounting and reporting; Income; Global

Abstract

14.1. In the System, the accounts relating to the resident institutional sectors portray various facets of economic activity, i.e., production, the generation, distribution and redistribution of income, consumption and accumulation. The relevant accounts capture both transactions taking place between the resident institutional sectors of the total economy and transactions with non-resident units that make up the rest of the world. In an analogous fashion, the balance sheets of the System cover the stocks of assets and of liabilities of resident institutional sectors vis-à-vis each other as well as vis-à-vis the rest of the world.

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Cover System of National Accounts, 1993
System of National Accounts, 1993
ISBN:
9789211613520
Publication Date:
15 Mar 1993
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9789211613520.071
Pages:
774