IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-77193-4_10.html
   My bibliography  Save this book chapter

The Euro Area Balance of Payments and International Investment Position and their Role in ECB Policy Making

In: Measuring International Economics

Author

Listed:
  • Jorge Diz Dias
  • Olga Monteiro
  • Martin Schmitz
  • Caroline Willeke

Abstract

This chapter outlines the methods used by the European Central Bank (ECB), in cooperation with the European System of Central Banks (ESCB) to compile statistics on the euro area balance of payments and international investment position (BOP/IIP). It describes the key principles for compiling these statistics, including the treatment of the euro area as a single economic territory and the focus on transactions and positions with non-euro area residents. It also presents the main data sources, primarily national contributions from euro area countries, emphasizing the importance of data quality and harmonization for accurate euro area aggregates. Additionally, the chapter discusses euro area specific compilation practices. It also highlights the analytical value of BOP/IIP statistics for ECB policymaking, particularly in assessing the euro area’s exposure to external shocks and the international impact of ECB policies. The chapter also present recent advancements in the development of euro area BOP/IIP statistics, including more detailed breakdowns for special-purpose entities and enhanced sectoral and geographic information.

Suggested Citation

  • Jorge Diz Dias & Olga Monteiro & Martin Schmitz & Caroline Willeke, 2025. "The Euro Area Balance of Payments and International Investment Position and their Role in ECB Policy Making," Springer Books, in: Ursula Schipper & Robert Kirchner & Jens Walter (ed.), Measuring International Economics, pages 139-155, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-77193-4_10
    DOI: 10.1007/978-3-031-77193-4_10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-77193-4_10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.