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[C] - Economic account of the ROW (Rest of the World)
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Description
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The rest of the world is a grouping of units without any characteristic functions and resources; it consists of non-resident units insofar as they are engaged in transactions with resident institutional units, or have other economic links with resident units. Its accounts provide an overall view of the economic relationships linking the national economy with the rest of the world. In the rest of the world sector are recorded the transactions and other flows of non-financial and financial corporations, non-profit institutions, households and general government with non-resident institutional units and other economic relationships between residents and non-residents, e.g. claims by residents on non-residents.
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Eurostat type of process classification
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National Account statistical compilation
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First production year
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1995
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