Issue detail | Issue | 38.b. Assets, liabilities and personal effects of individuals changing residence ("migrant transfers") |
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| Issue description and recommendation | The flows of goods and changes in the financial account arising from a change in residence of individuals are treated as imputed transactions in the Balance of Payments Manual. These flows are offset in the capital account by capital transfers called migrants' transfers. The 1993 SNA is not explicit on the treatment of these flows . Since no change in ownership occur, should the changes in financial claims and liabilities due to change in residence of individuals be treated as reclassification in other changes in volume account? | | Click icon to see the provisional recommendation for this issue | | Click icon to see background information for this issue (AEG papers, meetings, comments, etc.) | (For the links above use your browser's back button to return to this page) |
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