Page 302 - Contributed Paper Session (CPS) - Volume 6

CPS1936 Eliza Mónica A. M.
characteristics describing wellbeing, among others. In order to follow these
changes, the performance indicators have to achieve more dimensions of
analysis as a way to provide better insights for users. According to Stiglitz, Sen
and Fitoussi (2008), Report by the Commission on the measurement of
economic performance, there are some weaknesses and limitations of GDP, so
that it is necessary to look at other dimensions of human development such
as well-being, environment and sustainability, among others. In this work, we
are not trying to fulfill the majority of those concerns, but would like to
contribute with an additional way to describe the economy, which not only
looks at economic performance measured by the real Gross Domestic Product,
GDP, but also presents some social economic aspects of the economy, via
interactions among institutional sectors and that illustrates the distribution
and redistribution of income. According to Pyatt G. (1991), a SAM provides a
straightforward way of capturing the details of the income circular flow. In
supporting this sentence, it is important to refer that other systems like for
example the T-accounts cannot provide what is happening within the
economy. Traditionally, policy analysis makes use of statistics in order to take
decisions. The UNSD handbook on the Use of Macro Indicators for policy
analysis, emphasizes the role of macro accounting as an instrument rather
than as a data set. With this insight, we feel that it is important not to rely only
on real GDP for decision taken but also on SAM, since we can derive from it,
several macroeconomic indicators such as gross national product, GNP,
disposable income, YD, savings, operating surplus among others. According
to Santos, S. (2017), is proposed as a framework for the study of the activity of
a country. This activity which she considers socioeconomic activity involves
monetary flows measured by the national accounts. One way to expose the
potentialities of a SAM, the author suggests the possibility of constructing
networks for the links of the above-mentioned flows. Supporting the above-
mentioned author’s ideas, we elected a SAM as an additional instrument for
analyzing the economic activity with focus in distributive aspects.

3. Methodology
The methodology we are going to use in this project starts with the
literature revision, as a mean to support the use of macro indicators in this
instrument. The following step is to present the first picture of the reduced
SAM and describe in broad terms all the transactions that are taking place
among the institutional sectors within and between this and the rest of the
world. As we previously mentioned, for the construction of a SAM there is an
interaction of many statistics. This interaction provides the possibility to detect
data inconsistency, as long as the national accounts in Mozambique, although
are being produced for more than two decades, are not very well developed.
Thus, the identification of data inconsistency will result in upgrade the quality

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