Archive for March 10th, 2006

UN System of National Accounts: Not Ready For Prime Time

In 1993, after thousands of hours of committee work by economists and bureaucrats from all nations, the United Nations, with the blessing of the International Monetary Fund, issued a recommendation for a System of National Accounts (known as SNA 1993). Compared to the Federal Reserve National Flow of Funds Accounts, the United Nations SNA 1993 is […]

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