The ADB COVID-19 Policy Database: A Guide to Understanding Changes in Sectoral Balances and Private Sector Financial Positions in 2020
| Autor: | JESUS FELIPE, SCOTT FULLWILER, AL-HABBYEL YUSOPH |
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| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: | |
| Zdroj: | Asian Development Review, Vol 38, Iss 02, Pp 1-29 (2021) |
| Druh dokumentu: | article |
| ISSN: | 01161105 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: | Directory of Open Access Journals |
| Externí odkaz: |
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