Showing 1 - 10 of 73
Intro -- Contents -- I. INTRODUCTION -- II. DATA NEEDS OF THE COMMON MARKET AND MONETARY UNION IN THE GCC STATES -- III. THE INSTITUTIONAL SETTING FOR PRODUCING STATISTICS IN GCC COUNTRIES -- IV. THE ROLE OF AFRISTAT -- V. THE ROLE OF EUROSTAT -- VI. KEY LESSONS FOR A FUTURE GULFSTAT -- VII....
Persistent link: https://www.econbiz.de/10012690967
This paper proposes a new definition of Offshore Financial Centers (OFCs) and develops a statistical method to differentiate between OFCs and non-OFCs using data from the Coordinated Portfolio Investment Survey (CPIS), the International Investment Position (IIP), and the balance of payments. The...
Persistent link: https://www.econbiz.de/10005826251
This paper defines a set of banking stability measures which take account of distress dependence among the banks in a system, thereby providing a set of tools to analyze stability from complementary perspectives by allowing the measurement of (i) common distress of the banks in a system, (ii)...
Persistent link: https://www.econbiz.de/10012677701
Financial risks outside of the traditional banking sector can quickly spread throughout financial systems and lead to disruptions in the real economy. A lack of adequately detailed financial sector statistics can obscure buildups of risks from policymakers and hinder their ability to effectively...
Persistent link: https://www.econbiz.de/10015060019
A well-functioning public expenditure management (PEM) system is considered a critical pillar of government efficiency, on par with a low-distortion tax system and efficient tax administration. The paper discusses PEM systems in developing countries using an analytical framework based on...
Persistent link: https://www.econbiz.de/10005248131
This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based...
Persistent link: https://www.econbiz.de/10009203550
Following record low interest rates and fast depreciating U.S. dollar, crude oil prices became under rising pressure and seemed boundless. Oil price process parameters changed drastically in 2003M5-2007M10 toward consistently rising prices. Short-term forecasting would imply persistence of...
Persistent link: https://www.econbiz.de/10005825666
The paper outlines a general framework for statistical legislation. The implications of statistical legislation for the whole statistical system, as well as for centralized versus decentralized statistical systems, are addressed. The general framework is spelled out by identifying "essential"...
Persistent link: https://www.econbiz.de/10005826011
This paper examines possible segmentation of the internal capital market in China. We employ two standard tools from the international finance literature to analyze financial integration across Chinese provinces. Both tests confirm a similar (and somewhat surprising) picture: capital mobility...
Persistent link: https://www.econbiz.de/10005826241
This paper aims to promote harmonization between macroeconomic statistics guidelines and accounting standards. It first highlights recent development that act as drivers to the harmonization of the two systems. It then compares the two systems and reviews approaches aimed at further...
Persistent link: https://www.econbiz.de/10005826385