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The Acrobat
Arthur Barnes--"The 100 Somersault Man"--was the world's greatest acrobat, a legend of the circus. He toured for 23 years with the biggest companies in Britain, Europe and the United States, performing for all the crowned heads, as well as for Abraham Lincoln. This book traces his story as a bright thread of triumphs and tragedies running through the tapestry of the mid-Victorian era, a tapestry made rich by extraordinary events of the day and by the eccentric characters attracted to such a profession as the circus. We follow Barnes as he escapes the doom of the iron foundry by bounding out of the desperate slums of the East End of London at the age of 14 to become the "champion vaulter of all the world."
Fiscal Transparency Handbook (2018)
The IMF’s Fiscal Transparency Code is the international standard for disclosure of information about public finances and is the centerpiece of the global architecture on fiscal transparency. The Fiscal Transparency Handbook (2018) provides detailed guidance on the implementation of the new Fiscal Transparency Code, which was approved by the IMF Board in 2014. It explains why each principle of the Code is important and describes current trends in implementation of the principles, noting relevant international standards as well. Selected country examples are also provided.
System of National Accounts 2008
This joint publication of the United Nations, the European Commission, the International Monetary Fund, the Organization for Economic Cooperation and Development, and the World Bank reflects the changes and improvements that have been introduced to the System of National Accounts since its most recent revision in 1993. The System of National Accounts 2008 (2008 SNA) is a statistical framework that provides a comprehensive, consistent and flexible set of macroeconomic accounts for policymaking, analysis and research purposes. The 2008 SNA is expected to receive distinguished attention not only from professionals practicing in the field of national accounts but policy makers, analysts, academi...
Dispelling Fiscal Illusions
When rights and obligations are not recognized as assets and liabilities on a government’s balance sheet, the government’s deficit can be reduced by selling off-balance-sheet assets or incurring off-balance-sheet liabilities. This paper examines how much progress has been made in recognizing assets and liabilities and thus dispelling the fiscal illusions that such transactions create. Looking at the accounts, government-finance statistics, and long-term fiscal projections produced in 28 advanced economies in the period since 2003, it finds good progress in the recognition of some assets and liabilities, such as accounts payable and simple financial assets, but much less in others, such as civil-service pensions.
