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International trade in services


The aim of this compilation guide is to provide absolute transparency in relation to the harmonisation process applied by Eurostat to each Member State original data. The domain covered is the annual current account data (International trade in services - ITS / Geographical breakdown of the current account - GBR). Each year or quarter, the national banks or the national statistical offices provide Eurostat with data according to a set of questionnaires approved by all Member States and designed to fulfil a set of requirements. These questionnaires are included in an internal document called the Balance of Payments Vade mecum. This document contains apart from the questionnaires, coding system, format and media details, deadlines and instructions on how data should be supplied. Due to a variety of reasons, Member States are still not able to comply fully with the BOP Vade mecum and the IMF Balance of payments Manual, fifth edition (BPM5). For this reason, and while waiting an EU regulation that should establish a common framework for the systematic production of community statistics on International Trade in Services, Eurostat concluded gentleman’s agreements. These agreements, based on the report of Task Force2 ‘Current account’, are intended to improve compliance with the rules and recommendations laid down in the report.
European Commission - Personal Name
1725-0625
NONE
Management
English
2003
1-119
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