1993 SNA Update Information - AEG recommendations for issue: Predominant center of economic interest (as term) |
Subissue description | Issue description in [English] | [French] | [Russian] | [Spanish] | With globalization, there are an increasing number of institutional units with connections to two
or more economies. The concept of “predominant” center of economic interest has been put
forward to address this issue. |
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AEG recommendations | Number of AEG recommendations for selected issue: | 1 | Corresponding meeting | Date posted | Recommendation | | December 2004 | 1/11/2005 | Harmonization of the definition of residence between BPM and SNA is essential; harmonization with other statistical systems (for instance, demographic, immigration and tourism statistics) is desirable but not to the point of compromising the integrity of the system. Where this is not possible, the different definitions need to be documented.
The AEG agreed to adopt “predominant centre of economic interest” as a term.
The AEG favored the one-year criterion rather than discretionary criteria, with the existing exceptions of students and patients and with clarifications of the situation of ships` crews.
The AEG supported the supplementary presentation on non-permanent workers proposed in the BPM Annotated Outline.
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