Following the Money
eBook - ePub

Following the Money

U.S. Finance in the World Economy

,
  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Following the Money

U.S. Finance in the World Economy

,

About this book

Many questions have been raised about America's status in the increasingly interconnected global economy. Yet key facts--such as the amount of foreign assets abroad owned by U.S. citizens--are not known. The crucial data needed to assess the U.S. position are unavailable.This volume explores significant shortcomings in U.S. data on international capital transactions and their implications for policymakers. The volume offers clearcut recommendations for U.S. agencies to bring data collection and analyses of the global economy into the twenty-first century.The volume exploresHow factors emerging since the early 1980s have shaped world financial markets and revealed shortcomings in data collection and analysis.How the existing U.S. data system works and where it fails how measurements of international financial transactions are recorded; and how swaps, options, and futures present special reporting problems.How alternative methods, such as collecting data, from sources such as global custodians and international clearinghouses, might improve coverage and accuracy.

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Table of contents

  1. COVER PAGE
  2. PANEL ON INTERNATIONAL CAPITAL TRANSACTIONS
  3. COMMITTEE ON NATIONAL STATISTICS 1992-1993
  4. Contents
  5. Preface
  6. Summary
  7. 1 Globalization of Financial Markets
  8. 2 Current U.S. Data Systems
  9. 3 Capital Account Data: Gaps and Needs
  10. 4 FINANCIAL DERIVATIVES: DATA GAPS AND NEEDS
  11. 5 Alternative Data Sources and Collection Methods
  12. APPENDICES
  13. References and Bibliography
  14. Biographical Sketches of Panel Members and Staff
  15. Index