IMF Working Papers

Money and Banking Statistics in Former Soviet Union (FSU) Economies

By K. Wilhelm Nahr, Robert G DiCalogero, Richard T. Stillson

December 1, 1992

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K. Wilhelm Nahr, Robert G DiCalogero, and Richard T. Stillson Money and Banking Statistics in Former Soviet Union (FSU) Economies, (USA: International Monetary Fund, 1992) accessed November 23, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper addresses the major issues concerning the compilation of money and banking statistics for the fifteen republics of the former Soviet Union (FSU), including (1) the treatment of ruble currency circulation and (2) the classification of claims on FSU financial institutions. The paper proposes the use of a monetary authorities’ account to encompass both the domestic and foreign aspects of ruble currency circulation and a classification scheme for monetary accounts that permits the construction of analytically meaningful monetary aggregates. These issues are addressed within an analytical framework that transforms the Gosbank Accounting System into monetary statistics broadly consistent with the Fund’s methodology.

Subject: Banking, Commercial banks, Credit, Currencies, External position, Financial institutions, Fiscal accounting and reporting, Foreign assets, Money, Public financial management (PFM)

Keywords: Central bank, Commercial banks, Credit, Currencies, Currency, Currency issue, Eastern Europe, Enterprise, Enterprise account, Enterprise sector, Fiscal accounting and reporting, Foreign assets, FSU republic, Government, Government deposit, Government holding, Government position, Monetary authorities account, Monetary authorities' account, Net government position, Ruble, Ruble note, Union government, WP

Publication Details

  • Pages:

    60

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1992/103

  • Stock No:

    WPIEA1031992

  • ISBN:

    9781451852653

  • ISSN:

    1018-5941

Notes

Addresses the major issues concerning the compilation of money and banking statistics for the fifteen republics of the former Soviet Union (FSU).

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