The ADB COVID-19 Policy Database: A Guide to Understanding Changes in Sectoral Balances and Private Sector Financial Positions in 2020
| Autor: | Scott Fullwiler, Jesus Felipe, Al-Habbyel Yusoph |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Finance
2019-20 coronavirus outbreak Flow of funds Asian development bank Database Coronavirus disease 2019 (COVID-19) business.industry Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) Geography Planning and Development Development Private sector computer.software_genre Sectoral balances Business computer |
| Zdroj: | Asian Development Review. 38:1-29 |
| ISSN: | 1996-7241 0116-1105 |
| DOI: | 10.1142/s0116110521500062 |
| Popis: | The Asian Development Bank COVID-19 Policy Database recently added an entry on sector financial balances (SFBs). This addition to the policy database provides information for 35 economies on the financial positions of the private sector, government sector, and the rest of the world, which by construction add up to 0. Data used to calculate SFBs are obtained directly from flow-of-funds accounts. When this source is not available, we obtain data from the national accounts. We use SFBs to understand why the private sector balance moved into a large surplus in 2020. We argue that this surplus is a mirror image of the fiscal deficit. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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