Search Results

You are looking at 1 - 10 of 145 items for :

  • "enterprise balance sheets" x
Clear All
International Monetary Fund

is usually influenced by tax rules on depreciation allowances. Similarly, shares are sometimes valued at nominal or issue prices rather than current market prices. Enterprise balance sheets include provisions for contingent risk that are not included as liabilities in macroeconomic accounts. Therefore, analysts need to adjust balance sheet data of business accounts before including them in the balance sheet accounts of macroeconomic accounts. For instance, it would be problematic to combine the historic-cost balance sheets of individual units to provide

Eteri Kvintradze
The health of the Russian economy still depends heavily on natural resource revenues. The history of the economic collapse and recovery in 1970–2004 provides new evidence on the sources of Russian economic growth, while a survey of the economic literature suggests that the Russian economy could be viewed as a weighted combination of virtual and normal forces. If the Russian economy is considered to be dominated by normal market economy forces, higher energy export receipts provide an opportunity for structural reforms while compensating for social costs, making the economy less vulnerable to decline in world energy prices. However, the domination of virtual forces—value transfers from the energy sector to strategic enterprises—suggests that high world energy prices are masking an inefficient manufacturing sector, and that the Russian economy is highly vulnerable to energy price declines.
André Amante, Phillip Anderson, Thordur Jonasson, Herman Kamil, and Mr. Michael G. Papaioannou

and Strategy C. Policy and Coordination D. Other Institutional Considerations VII. Concluding Remarks Tables 1. Central Government’s Balance Sheet 2. Central Bank’s Balance Sheet 3. Public EnterprisesBalance Sheet 4. State-Owned Insurance Bank’s Balance Sheet 5. Consolidated Public Sector Balance Sheet Figures 1. Balance Sheet Currency Mismatches across Public Sector Sub-Portfolios 2. Stage 1: Coordinated Issuance and Liability Management Operation by the MoF and the Central Bank 3. Stage 2: Coordinated Issuance and Liability Management