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

ByK. Wilhelm Nahr, Robert G DiCalogero, Richard T. Stillson

December 1, 1992

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

Pages:
60
Volume:
1992
DOI:
https://doi.org/10.5089/9781451852653.001
Issue:
103
Series:
Working Paper No. 1992/103
Stock No:
WPIEA1031992
ISBN:
9781451852653
ISSN:
1018-5941

Loading component...

Notes

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

Loading component...

IMF’s Work

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Loading component...

IMF Working Papers