Fiscal Accounting of Bank Restructuring /

Current guidelines and practice for classifying government bank assistance operations inadequately capture in the fiscal balance some of the most common, and important, operations. The shortcomings result from the focus on the general government, the exclusion of non-cash operations, and divergences...

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Автор: Wolfe, Andy
Інші автори: Daniel, James, Davis, Jeffrey
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1997.
Серія:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1997/005
Онлайн доступ:Full text available on IMF
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245 1 0 |a Fiscal Accounting of Bank Restructuring /  |c Andy Wolfe, Jeffrey Davis, James Daniel. 
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490 1 |a IMF Policy Discussion Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Current guidelines and practice for classifying government bank assistance operations inadequately capture in the fiscal balance some of the most common, and important, operations. The shortcomings result from the focus on the general government, the exclusion of non-cash operations, and divergences between the timing of cash outlays and the economic impact of assistance operations. Complementing the standard measures of the fiscal balance with an 'augmented' balance would provide a definition that is transparent, comprehensive, and reasonably comparable across countries. The augmented balance would explicitly incorporate the major quantifiable fiscal costs of bank assistance operations that are not already included in current definitions of the overall balance. 
538 |a Mode of access: Internet 
700 1 |a Daniel, James. 
700 1 |a Davis, Jeffrey. 
830 0 |a IMF Policy Discussion Papers; Policy Discussion Paper ;  |v No. 1997/005 
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