Front Matter Page
Fiscal Affairs Department
Contents
ABSTRACT
I. INTRODUCTION
II. OVERVIEW OF THE PSBS DATABASE
A. Coverage of the PSBS database
B. Conceptual Framework
C. Data Sources and Methodology
III. GLOBAL TRENDS AND APPLICATION IN FISCAL ANALYSIS
A. The Evolution of Public Sector Balance Sheets Over Time
B. Using Public Sector Balance Sheets in Fiscal Analysis
IV. COMPILATION GUIDELINES
A. Completing the Government Balance Sheet
B. Converting Financial Statements into Government Finance Statistics
C. Data Validation and Quality Assurance
D. Dissemination and Revisions Policy
V. CONCLUSIONS AND WAY FORWARD
REFERENCES
BOXES
1. Illustrative Impact of Various Pension Arrangements on PSBS
2. Funding Arrangements by type of Employment-Related Pension Schemes
3. Valuation Methods for Assets and Liabilities
FIGURES
1. Fiscal Transparency Evaluation Scores
2. Institutional Coverage of the PSBS Dataset
3. GG and PS Coverage
4. Coverage by Income Group
5. Coverage of Stocks Positions by Income Group and Level of Government
6. Public Sector Balance Sheets, 2000–16
7. Decomposition of Changes in Net Worth
8. Equity Liabilities of Public Corporations, 2016
9. Australia: Public Sector Net Worth, 2007–2017
10. Public Sector Debt by Holding Sector, 2001–17
11. Public Sector Balance Sheets
12. Additional Elements of the Public Sector Balance Sheet
13. Equity Liabilities of Public Corporations, 2016
14. General Government Balance Sheets, 2016
TABLES
1. Public Sector Balance Sheet Database Coverage
2. Composition of the Public Sector Balance Sheet
3. Australia: Public Sector Balance Sheet, 2016
APPENDICES
I. Time Series Availability in the PSBS Database
II. Illustrative Conversion of Financial Statements to the PSBS Template