Burgi-Schmelz, Adelheid and Carlo Cottarelli, 2010, “Government Finance Statistics to Strengthen Fiscal Analysis,” Decision No. 14565-10/20 (Washington: International Monetary Fund).
International Federation of Accountants, International Public Sector Accounting Standards Board (http://www.ifac.org/PublicSector/).
International Monetary Fund, “Government Finance Statistics Data, Companion Materials, and Research” (http://www.imf.org/external/pubs/ft/gfs/manual/comp.htm).
International Monetary Fund, 2001, Government Finance Statistics Manual, second edition (Washington: International Monetary Fund).
International Monetary Fund, 2010, World Economic Outlook, October 2010: World Economic and Financial Surveys (Washington: International Monetary Fund).
United Nations, 2008, System of National Accounts (New York: European Communities, International Monetary Fund, Organisation for Economic Co-operation and Development, United Nations, and World Bank).
We gratefully acknowledge comments from W. Andreas Bauer, John Cady, Adrienne Cheasty, Eric Clifton, Mark De Broeck, Sagé De Clerck, Rob Dippelsmann, Michaela Denk, Thomas Dorsey, Keith Dublin, Giovanni Ganelli, Linda Ķezbere, Roger Nord, Gonzalo C. Pastor, Mohammed El Qorchi, Michael Smedes, and the participants of the IMF Statistics Department Brown-Bag Seminar for helpful comments.
Extending the government levels to the entire public sector, G4 would refer to the public nonfinancial sector and G5 to the public sector including the central bank, any state banks and other state financial enterprises. However, the GFSY database is currently limited to the three levels.
It constitutes an upgrade of its predecessor, the GFSM 1986, which did not specify the institutional coverage or the various levels of government in a structured and cross country comparable manner and which does not link the flows and stocks in a balance sheet approach format.
The GFSM2001 is currently being updated to reflect recent developments and changes in particular the System of National Accounts (2008)
“Government Finance Statistics to Strengthen Fiscal Analysis,” Decision No. 14565-(10/20) adopted by the IMF Executive Board
Dziobek et al., 2011, “Measuring Fiscal Decentralization-Exploring the IMF’s Databases”, IMF Working Paper WP/11/126.
In Australia GL2 includes the Central Government and the Multi-jurisdictional sector. The Multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main types of units currently falling into this category are the public universities.