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___________________________________________________________________________ Chapter 8. Other Changes in Financial Assets and Liabilities Account
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@MISC{____________________________________________________________________________chapter,
author = {},
title = {___________________________________________________________________________ Chapter 8. Other Changes in Financial Assets and Liabilities Account},
year = {}
}
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Abstract
8.1 This chapter will discuss the purpose and structure of the other changes in financial assets and liabilities account along the lines in the 1993 SNA Chapter XII and GFSM 2001 Chapter 10. It will state that this account captures changes in financial assets and liabilities that are not transactions, which are recorded in the financial account. The manual will propose that the scope of this account is determined by the scope of the international investment position, which includes only financial instruments. The manual will, however, note that events other than transactions occurring between residents and nonresidents may give rise to changes in holdings of nonfinancial nonproduced assets by residents (for example, the seizure of nonproduced intangible assets by nonresidents). The manual will propose that such information, particularly when important, should be provided as supplementary information. Information on changes in holdings of nonfinancial nonproduced assets due to other changes in volume of assets occurring between residents and nonresidents is necessary to prepare national balance sheets. 8.2 The manual will explain that other changes in assets and liabilities are genuine economic phenomena that should be recorded separately from transactions. These flows are
