The System Of National Finance

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Excerpt from The System of National Finance Bitter and unavailing are the regrets of a reader who has read through a book, and wakes on the last page to the discovery that it is all about something other than he supposed. To save an intending reader from that disappointment, it will be as well to set down here what this book is not about. It is not about public finance in the abstract; that ground is well covered by Professor Bastable's "Public Finance," and other works on the same subject. It is not a history of British public finance in modern times. We are now fortunate enough to have that story admirably told in three books, Lord Iddesleigh's "Twenty Years of Financial Policy" (1842-62), Lord Buxton's "Finance and Politics" (1862-87), and Mr. Bernard Mallet's "British Budgets" (1887-1913), which taken together provide us with a detailed record of the subject and a commentary upon its developments during the last seventy years. It is not a history of taxation: for that we have Stephen Dowell's big work. Nor does it seek to be a compendious work of reference in which may be found all the laws, rules, principles, authorities, and precedents relating to the nation's financial business. That has yet to be compiled. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

This Handbook aims to provide practical guidance on the calculation and allocation of the production of various types of financial services and issues related to the compilation of the financial account and balance sheets by institutional sector in the context of from-whom-to-whom relationships. The Handbook complements the 2008 SNA and related manuals, handbooks and guides. The concepts are described and defined in line with the 2008 SNA. Where appropriate, illustrative worked examples with step-by-step guidance are provided in the Handbook to give compilers and users a better picture of how to apply and interpret the various concepts. The Handbook is useful for staff working in national statistical offices, national central banks, international organizations and other institutions engaged in collecting, compiling and disseminating national accounts data, specifically on the financial corporations sector and financial account, and for users requiring a better understanding of such data.