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Following the money : U.S. finance in the world economy / Anne Y. Kester and Panel on International Capital Transactions, Committee on National Statistics, Commission on Behavioral and Social Sciences and Education, National Research Council.

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Format:
Book
Author/Creator:
Kester, Anne Y.
Contributor:
National Research Council (U.S.). Panel on International Capital Transactions.
Language:
English
Subjects (All):
Financial services industry--United States.
Financial services industry.
Capital movements--Data processing.
Capital movements.
Automatic data collection systems.
Physical Description:
1 online resource (224 pages)
Edition:
1st ed.
Other Title:
U.S. finance in the world economy
US finance in the world economy
United States finance in the world economy
Place of Publication:
Washington, D.C. : National Academy Press, 1995.
Language Note:
English
Summary:
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 explores How 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.
Contents:
""Front Matter""; ""Contents""; ""Preface""; ""1 Summary""; ""2 Globalization of Financial Markets""; ""3 Current U.S. Data Systems""; ""4 Capital Account Data: Gaps and Needs""; ""5 Financial Derivatives: Data Gaps and Needs""; ""6 Alternative Data Sources and Collection Methods""; ""Appendix A Monitoring Capital Transactions in the United Kingdom, Germany, and Japan""; ""Appendix B Views of Data Compilers, Filers, and Users""; ""References and Bibliography""; ""Biographical Sketches of Panel Members and Staff""; ""Index""
Notes:
Includes bibliographical references (p. 186-198) and index.
Description based upon print version of record.
ISBN:
9786612081064
9780309176903
0309176905
9781282081062
1282081063
9780309521635
0309521637
9780585149301
0585149305
OCLC:
923258418

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