Course on Balance Sheet Approach Curso

This course provides participants with the necessary skills to compile and analyze the BSA (balance sheet approach) matrix – a three-dimensional financial statistics. The STA of the IMF has developed a BSA tool, which combines the balance sheets of the main sectors of an economy, namely the financial sector, central government, nonfinancial corporate and household sectors, and the external sector into a single matrix to generate a sectoral distribution of claims and liabilities in a “from-whom-to-whom” basis.

Participants should be able to compile the BSA matrix using monetary, government, and external sector data; review and summarize the source data used for preparing the BSA matrix and identify critical data gaps for their respective countries; prepare work plans for addressing these data gaps over the medium-term, in order to provide national policy makers with an analytically useful BSA matrix; and use the BSA matrix information for the identification of balance sheet imbalances, exposures, and risks to shocks such as sudden capital outflows or sharp exchange rate depreciation. 

Officials at central banks, ministries of finance and other agencies responsible for compiling monetary and financial statistics, government finance/debt statistics, and external sector statistics; the supervision and regulation of financial institutions; and conducting financial stability or macro-financial analyses.