Direct Reporting of Private Sector Cross-Border Financial Flows and Stocks in Selected African Countries

Business & Finance, Economics, Public Finance, Accounting, Taxation, Finance & Investing
Cover of the book Direct Reporting of Private Sector Cross-Border Financial Flows and Stocks in Selected African Countries by Simon Quin, Kenneth Egesa, Howard Murad, INTERNATIONAL MONETARY FUND
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Author: Simon Quin, Kenneth Egesa, Howard Murad ISBN: 9781498309899
Publisher: INTERNATIONAL MONETARY FUND Publication: February 27, 2013
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Simon Quin, Kenneth Egesa, Howard Murad
ISBN: 9781498309899
Publisher: INTERNATIONAL MONETARY FUND
Publication: February 27, 2013
Imprint: INTERNATIONAL MONETARY FUND
Language: English

Private cross-border financial flows and stocks have grown to account for an increasingly significant part of overall transactions and positions in many African countries. Direct reporting through enterprise surveys has become a key data source to enable them to be measured accurately. The paper describes a multi-year technical assistance project in The Gambia, Ghana, Kenya, Mauritius, Mozambique, and Nigeria, where annual enterprise surveys are now established. To varying degrees, the survey results have been incorporated into the balance of payments and International Investment Position statistics. The case studies may serve as a useful reference for other countries embarking on efforts to establish direct reporting of cross-border financial flows and stocks.

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Private cross-border financial flows and stocks have grown to account for an increasingly significant part of overall transactions and positions in many African countries. Direct reporting through enterprise surveys has become a key data source to enable them to be measured accurately. The paper describes a multi-year technical assistance project in The Gambia, Ghana, Kenya, Mauritius, Mozambique, and Nigeria, where annual enterprise surveys are now established. To varying degrees, the survey results have been incorporated into the balance of payments and International Investment Position statistics. The case studies may serve as a useful reference for other countries embarking on efforts to establish direct reporting of cross-border financial flows and stocks.

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