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1993 SNA Update Information - Expert comments for issue:
Assets, liabilities and personal effects of individuals changing residence ("migrant transfers")

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The flows of goods and changes in the financial account arising from a change in residence of individuals are treated as imputed transactions in the Balance of Payments Manual. These flows are offset in the capital account by capital transfers called migrants’ transfers. The 1993 SNA is not explicit on the treatment of these flows . Since no change in ownership occur, Should the changes in financial claims and liabilities due to change in residence of individuals be treated as reclassification in other changes in volume account?
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