Efectos de la ejecución del presupuesto de Inversión Pública en el binomio madre

Introducing individual transaction reporting for holdings/ issues of securities Improving monetary aggregates and other leading economic indicators.

42 Thailand is about to start publishing the IIP.

Increasing the coverage of non-bank financial sectors – including, for example, the provision of data on pension funds.

Improving information on foreign direct investment Introducing the IIP

Introducing new reporting systems into financial derivatives

European countries stated that compliance with current ECB guidelines is top priority so that consistent European wide statistics can be produced.

Introducing BIS banking statistics Analysis of counterpart risk Analysis of data in general,

SNA 93 compliance and compliance with the SDDS and GDDS 5. Main pressures for change

Commonly raised issues

• Timeliness of statistics

• Importance of IIP

• Improved BoP

• Increased geographical coverage

• Reduce size and frequency of revisions

• Need internationally comparable data, which is emphasised in European countries that have to comply with ECB guidelines.

• Liquidity data essential

• FC position important – perhaps more so than country data?

Less frequently raised issues

• Want greater consistency between national and real accounts

• Details of small business finance

• Non-performing loans

• More transparency about the data

• Pressures for reducing reporting burden on institutions

• SDDS

• ECB harmonisation

• Blurring between instruments and sectors

All the above were issues that were raised during the conference. Results from the questionnaire imply that the priority of producers is to meet international standards.

However by comparing these priorities with those outlined in Appendix II it is notable that users are looking beyond these frameworks and are interested in, for example, residual maturity and so called macro-prudential statistics based on some supervisory concepts – which producers are not, in general currently planning to introduce.

BIBLIOGRAPHY⁴⁹

Bank for International Settlement publications⁵⁰

Banking Crises in Emerging Economies: Origins and Policy Options by Morris Goldstein & Phillip Turner, 1996

Banking System Failures in Developing and Transition Countries: Diagnosis and Prediction, BIS, January 1997

Banking System Failures in Developing and Transition Countries: Diagnosis and Prediction, January 1997

Enhancing Transparency Regarding the Authorities’ Foreign Currency Liquidity Position, September 1998

Implications of Repo Markets for Central Banks, March 1999

OTC Derivatives: Settlement Practices and Counterparty Risk Management, 1998 On the Use of Information and Risk Management by International Banks Report of a Working Group established by the Euro –Currency Standing Committee of Central Banks of the Group of Ten Countries, 1998

Reports of the G22 Working Groups, October 1998 - on Strengthening Financial Systems

- on Transparency and Accountability - on International Financial Crises

Review of the Disclosure Template Regarding the Authorities Foreign Currency Liquidity Position, Euro-Currency Standing Committee, December 1998

Various chapters from the 68^th Annual Report, 1998

Regular BIS publications

International Banking and Financial Market Developments (quarterly) The Consolidated International Banking Statistics

49 This bibliography refers to publications quoted in this report.

50 The quarterly International Banking and Financial Market Developments provides a full list of recent BIS publications.

Basle Committee of Bank Supervision (BCBS) Publications:

Core Principles of Effective Banking Supervision, 1997 Enhancing Bank Transparency, 1998.

Sound Practice for Bank’s Interactions with Highly Leveraged Institutions, 1999 Sound Practices for Loan Accounting, Credit Risk Disclosure and Related Matters, 1998

Supervisory Information Framework for Derivatives and Trading Activities, 1998

Central Bank Publications:

Reserve Bank of India (1998), Report on Trend and Progress of Banking in India, 1997-1998

Bank of England, Monetary and Financial Statistics (monthly)

Monetary Authority of Singapore (May 1998), Report of the Committee on Banking Disclosure

IMF Publications:

Balance of Payments Statistics Yearbook, 1998 - Part 1: Country Tables

- Part 2: World and Regional Tables

- Part 3: Methodologies, Compilation Practices, and Data Sources Banking Soundness and Monetary Policy, 1997

Co-ordinated Portfolio Investment Survey Guide (Survey Guide), August, 1996 Developing Countries and the Globalisation of Financial Markets, Malcolm Knight, July 1998

Fifth Edition of the Balance of Payments Statistics Manual, 1993 Government Finance Statistics Yearbook

Guide to Data Dissemination Standards, 1996 International Financial Statistics (Monthly) A Manual on Government Finance Statistics, 1986

Report on the Measurement of International Capital Flows, 1992

The Statistical Measurement of Financial Derivatives, Robert Heath, March 1998 Transparency in Central Bank Operations in the Foreign Exchange Market, Charles Enoch, February 1998

World Economic Outlook and International Capital Markets: Interim Assessment, December 1998

OECD Publications

Economic Outlook (2 issues a year) External Debt Statistics

Financial Market Trends (three times a year) Financial Statistics (Monthly)

Flows and Stocks of Fixed Capital (1971 – 1996), 1997 Main Economics Indicators (Monthly)

Quarterly National Accounts Sources and Methods Used by OECD Member Countries, (1996)

Statistics on External Indebtedness Bank and trade-related non-bank external claims on individual borrowing countries and territories (half yearly)

The World Bank Publications

Global Development Finance, 1997 -1998 Global Development Finance (annually) 1998

– country tables

– analysis and summary tables

Other

Australian Bureau of Statistics (1998), Balance of Payments and International Investment Position, Australia Concepts, Sources and Methods (Canberra:

Australian Bureau of Statistics)

Australian Bureau of Statistics (quarterly), Financial Accounts (Canberra: Australian Bureau of Statistics, September Quarter)

Commission of the European Communities, International Monetary Fund, Organisation for Economic Co-operation and Development, United Nations, World Bank, System of National Accounts (1993)

Donald Fraser and Lyn M. Fraser, Commercial Bank Performance – Guide to Financial Analysis (Banker Publishing Co., Rolling Meadows, Illinois)

Peter Garber (1998), Derivatives in International Capital Flows, NBER, (working paper 6623)

Simon Gray (1998), Repo of Government Securities (London: the Centre for Central Banking Studies, Bank of England)

Hansen and Hamani (1996), “Collateralisation: familiar practices, new issues”:

Capital Market Strategies (quarterly)

Institute of International Bankers (1998), Global Survey

Institute of International Finance (1999), Report of the Working Group on Transparency in Emerging Markets Finance

International Accounting Standards Committee (1998) International Accounting Standards Financial Instruments: Recognition and Measurement (IAS39)

Office for National Statistics, Financial Statistics (monthly) (London, Office for National Statistics

PriceWaterhouseCoopers (1998), International Accounting Standards Pocket Guide (London: PriceWaterhouseCoopers)

Quattara. A. D (1999), The International Financial Institutions: A view from the IMF (Washington, D.C: Paper delivered at a conference on Foreign Trade organised by the Bankers’ Association, February)

The Bank for International Settlements, International Monetary Fund, Organisation for Economic Co-operation and Development, The World Bank (1994) Debt Stocks, Debt Flows and the Balance of Payment (Basle: BIS, Washington DC: IMF, Paris:

OECD Publications, Washington DC: The World Bank)

The Bank for International Settlements, International Monetary Fund, Organisation for Economic Co-operation and Development, The World Bank (1988) External Debt: Definition, Statistical Coverage and Methodology, (Basle: BIS, Washington DC: IMF, Paris: OECD Publications, Washington DC: The World Bank)

LIST OF ABBREVIATIONS AND ACRONYMS USED IN THE REPORT