Until recently, most economists work on Africa has taken 1960 as the starting point because data on national income and similar derivates are only available back to this point. To date, the quantitative literature on Africa has made heroic leaps of faith, asserting causal relationships across...

This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base...