BIS Quarterly Review – International finance through the lens of BIS statistics: residence vs nationality
Author(s):Patrick McGuire, Goetz von Peter and Sonya Zhu Date:March 2024 Abstract: Statistics used in international economics generally adopt a residence view, centred on an economy and the units located there. This is natural for understanding the geography of capital flows and other macroeconomic issues. However, the system of national accounts does not reflect the extent[…]