Flow-of-funds accounts are a component of the national accounts
system reporting the financial transactions and balance sheets of
the economy, classified by sectors and financial instruments. The
biggest financial crisis in a lifetime has shown how important it
is to have a deep knowledge of the financial balance sheets of the
main sectors of the economy and the financial flows that take place
between them. This type of information is essential for a proper
understanding of the transmission of monetary and financial shocks
through the economy and to identify macroeconomic imbalances that
could undermine financial stability.
This publication takes a flow-of-funds perspective of the financial
crisis. The book illustrates the broad range of interlinkages
between the financial side and the real side of the economy and
highlights the role of balance sheet variables and sectoral balance
sheet positions in the evolution of the financial crisis, covering
the United States, the Eurozone, the United Kingdom, Japan and
Slovenia. The authors also reflect on the use of financial data in
the context of diagnosing and addressing excessive macroeconomic
imbalances in Europe and on the use of financial accounts to
underpin the analysis of systemic risks in the financial system. In
this respect, the flow of funds offers a framework for looking at
the right kind of questions when policy-makers consider how to
prevent, manage and resolve financial crises.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
