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Results of the AEG e-discussion on Migrant transfers

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Presentation on theme: "Results of the AEG e-discussion on Migrant transfers"— Presentation transcript:

1 Results of the AEG e-discussion on Migrant transfers
UN STATISTICS DIVISION Economic Statistics Branch National Accounts Section

2 Migrant transfers Introduction
The movement of personal effects and financial assets when individuals change residence from one country to another Treated as capital transfers in BoP and migrants effects as exports and imports in SNA No owner transfer takes place Proposed to remove migrant transfers from BoP and SNA

3 Migrant transfers cont
Results Yes No No response 1. No recording of personal effects 2. Record change in financial assets and liabilities in the OCVA acc 3. Apply same principle to corporations 4. Clarify text of SNA Ch 11 and

4 Migrant transfers cont
Comments Corporations do not change residence the same way people do Movement of fixed assets should be recorded as divestment and exports in the one country and imports and capital formation in the other country

5 Migrant transfers cont
Conclusion The consultation shows that most of the AEG members participating support the recommendations on migrant transfers, but that corporations should not be treated the same way

6 Thank You


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