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Experiences And Problems Of The Cis Countries In Transition From The Mps To The Sna

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  • Youri N. Ivanov

Abstract

This paper reviews the transition of national accounts in the Commonwealth of Independent States (CIS) countries from the Material Product System (MPS) to the United Nations System of National Accounts (SNA) and discusses the major problems that still need to be solved in order to improve the quality of their national accounts. It argues that the MPS practice tended to exaggerate growth not because of different concepts, but because of methodological problems such as inadequate deflation due to poor price data and incomplete coverage of the non‐observed economy as well as overpricing of new or modified products and institutional flaws that motivated data fabrication by enterprises. However, the heritages of the problems under the MPS, together with the emerging new types of institutional units, new sources of income and market‐driven new services, have made the transition difficult.

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  • Youri N. Ivanov, 2009. "Experiences And Problems Of The Cis Countries In Transition From The Mps To The Sna," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 55(s1), pages 466-484, July.
    • Handle: RePEc:bla:revinw:v:55:y:2009:i:s1:p:466-484
    DOI: 10.1111/j.1475-4991.2009.00327.x
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    Cited by:

    1. Marcel P. Timmer & Ilya B. Voskoboynikov, 2014. "Is Mining Fuelling Long-Run Growth in Russia? Industry Productivity Growth Trends Since 1995," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S2), pages 398-422, November.

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