1 / 6

Developments in National Accounts Martin Kellaway

Developments in National Accounts Martin Kellaway. Developments in National Accounts. International manuals that provide framework being updated (SNA93, ESA95) SNA08 ESA10. Developments in National Accounts. International manuals that provide framework being updated

khuong
Download Presentation

Developments in National Accounts Martin Kellaway

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Developments in National Accounts Martin Kellaway

  2. Developments in National Accounts International manuals that provide framework being updated (SNA93, ESA95) • SNA08 • ESA10

  3. Developments in National Accounts International manuals that provide framework being updated • Intellectual property assets • R&D expenditure as capital formation • Weapons systems now capital formation • FISIM fully included • Financial derivatives boundary extended

  4. Developments in National Accounts International manuals that provide framework being updated (SNA93, ESA95) • Pension entitlements – unfunded schemes • Government schemes option • Loan guarantees

  5. Developments in National Accounts • Inadequate focus on financial markets at expense of production. • Financial crisis, sovereign debt concerns. Maastricht, Stability & Growth. • Greece, new EU powers. • New issues – ‘bad banks’. • Emissions Trading/concessional loans.

  6. Developments in National Accounts • UK National Accounts • July 2010 Blue Book. • Surprising growth of 1.2% in 2010q2 • Construction boom (9.5% output) • GCF 4.1% (but GFCF only 1.4%), ends 6 quarters of substantial destocking, new and existing dwellings.

More Related