This course provides an in-depth understanding of how to compile international accounts correctly, using the Balance of Payments and International Investment Position Statistics Manual, sixth edition (BPM6). The course delves into the fundamental concepts, classifications, and accountings rules necessary for the compilation of these accounts, which are crucial for analyzing an economy's international economic activities. Attribution of financial movements between countries in terms of the current, capital, and financial accounts is covered comprehensively. The course aims to teach the integration of balance of payments with the International Investment Position to create standardized, globally comparable statistical data.
Participants in this course will gain the ability to:
No specific prerequisites are needed. This course is designed for participants who are interested in economics and finance, particularly in global economic interactions.
This course is suitable for students and professionals in the fields of economics, finance, and international relations who are interested in understanding or managing international financial accounts and activities.
The skills acquired from this course are applicable in various real-world contexts, including international financial reporting, global investment analysis, and economic policy formulation. Professionals can utilize these skills to better understand and manage economic interactions between countries and advise on or implement financial strategies and policies.