In past years the Bulletin has contained an annual article describing the financial flows between the various sectors of the economy in the most recent year for which data have been available. The present article continues this series and, as well as describing the inter-sector flow of funds during 1987, notes the increasingly serious difficulties of assessment of the financial position of several sectors arising from the growth of the net value of errors and omissions within their accounts. A number of problems affecting the measurement of financial transactions which are thought to be among the factors contributing to these errors and omissions are described. The article does not discuss possible weaknesses in the national income and expenditure accounts, although it would be difficult plausibly to allocate all the balancing items to the financial accounts.
Published on
01 December 1988
Sector-financing-1987