© Copyright ONS Comparability of the perimeter of general government GRAHAM JENKINSON OFFICE FOR NATIONAL STATISTICS.

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Presentation transcript:

© Copyright ONS Comparability of the perimeter of general government GRAHAM JENKINSON OFFICE FOR NATIONAL STATISTICS

The size of general government UK 8% Sweden 19% Is the difference real? Does it matter?

Most of it is real UK small because: most public utilities are privatised buys in a lot of goods and services use PFI identify quasi-corporations

Quasi-corporations three major exercises transport examples -congestion charge -toll bridges

Does it matter? No for UK key series no for Maastricht measures perhaps for analysis

Classification decisions PSCC process Open, rigorous and independent Focus on manuals and rules Key examples

More CONTROL Less Non-MarketMarketNon-MarketMarket Public SectorPrivate Sector General government Examples: HM Treasury Kent County Council Non-profit institutions - NPISH Example - Oxfam (includes households) Public corporations - both real and quasi - non -government. Examples: Post Office London Underground Private market: Financial and non-financial corporations Example: British Airways <50%<50% >50%>50%

© Copyright ONS Discuss implications