Download Th C S t f E i St ti ti

28/10/2013
Th Core
The
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Sett off Economic
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i St
Statistics
ti ti
An Overview
Month Year
The Core Set of Economic Statistics
Core set was adopted by heads of statistical offices in
Asia and the Pacific and endorsed byy the ESCAP
Commission in 2010
Developed through an intergovernmental process during
2009 and 2010, including multiple expert group meetings
The Core set is:
• indicative NOT prescriptive
• judged
and
j g to be the minimum set for effective economic analysis
y
monitoring
• should be tailored to individual country needs
• needs are determined by information requirements of Government and
Non-Government decision makers
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Description of the core set of economic statistics
Domains
Keyy statistics within domains
• Each key statistic is “core”
• Flexibility for specific country needs
Characteristics
• Frequency
• Timeliness - SDDS can be used as a guide but this and other
quality aspects covered in metadata that will accompany
country specific series.
International standards / guidelines for each key statistic
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Economic domains covered by the core set
Prices and costs: consumer price index, wages, exchange rates, PPPs,
terms of trade
Demand and output: national accounts aggregates (production)
(production),
productivity measures, trade, informal economy, and short-term indicators
for consumer demand and investment
Income and wealth: national accounts aggregates (income, savings,
wealth), balance of payments, income distribution
Money and banking: assets and liabilities of banking sector, interest rates
Government: public revenue, expenditure, and debt and lending
Labour market: statistics on employment, unemployment,
underemployment, and other characteristics, such as dimensions of gender
and informal employment
Natural resources and the environment: sustainability measures and
accounting for natural capital
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Relationship of the Core Set to the Regional
Programme
Purpose of the programme is to develop the capacity to
produce a range of economic statistics, ie remove the
constraints preventing their production.
The core set fulfils two roles:
• Provides a framework to guide the scope of the programme,
d t
determine
i the
th d
development
l
t priorities
i iti and
d monitor
it the
th
programme outcome.
• Provides guidance on the minimum set of economic statistics to
be produced.
5
User Needs
facilitates
production of
Core Set of Core
Set of
Economic Statistics
Required institutional settings & capabilities to produce the statistics
Capability building initiatives
delivers
determines
The Regional Programme
Content
informs
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3
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• SNA08 implementation
• agriculture stats.
• tourism stats.
• etc.
User Needs
facilitates
production of
Core Set of Core
Set of
Economic Statistics
Required institutional settings & capabilities to produce the statistics
Capability building initiatives
delivers
determines
The Regional Programme
Content
informs
7
Programme Monitoring
Core set provides a proxy indicator to monitor the
progress towards
t
d achieving
hi i the
th programme outcome
t
• core set availability, frequency, adherence to international
standards and best practice provide the indicators
Monitoring based on % of countries achieving core set
“signposts”
signposts each milestone year (2014
(2014, 2017
2017, 2020)
• [ref. Table 3 Implementation Plan]
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