Ppt Session 2 Core Economic Statistics (1)

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    Session-2: ESCAP CORE STATISTICS

    Core requirements to build capacity by 2020ruce !oc"man

    Division HeadBusiness Industry and Environment Statistics

    Australian Bureau of Statistics

    Core Economic Statistics # RequiredCapacity

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    P$RPOSE O% T!E CORE SET O% ECO&O'ICSTATISTICS

    () Indicati*e &OT Prescripti*e

    2) +ud,ed to be minimum set or e.ecti*e

    economic analysis and monitorin,/) Sould be tailored to indi*idual countries1

    needs

    ) &eed is determined by inormation

    requirements o 3o*ernment and &on-3o*ernment decision ma"ers

    Core Economic Statistics # RequiredCapacity

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    I&%OR'ATIO& &EE4S (a) The conduct of monetary policy

    (!) Esta!lishin" and monitorin" the "overnment#s$scal position

    (c) Assessin" the lon"%term capa!ility of theeconomy& 'ith a focus on sustaina!le "ro'th

    (d) Developin" policies desi"ned to achieve"enerally a"reed economic "oals& such as

    increased economic 'elfare and "reater euity (e) easurin" the economic& social and

    environmental impact of internal and e*ternalshoc+s

    Core Economic Statistics # RequiredCapacity

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    I&%OR'ATIO& &EE4S 5cont6 (f) -rovidin" the information necessary for the

    e.cient functionin" of mar+ets

    (") /eneral monitorin" and forecastin" of the

    economy (h) Informin" economic& social and environmental

    analyses

    (i) eetin" international o!li"ations to provide

    information a!out the performance of theeconomy and the 'ell%!ein" of the nation0

    Core Economic Statistics # RequiredCapacity

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    SE7E& ECO&O'IC STATISTICS 4O'AI&S I& T!ECORE SET

    () Prices and Costs

    2) 4emand and Output

    /) Income and 8ealt) 'oney and an"in,

    9) 3o*ernment

    ) ;abour 'ar"et

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    PRICES A&4 COSTS() CPI

    2) PPI

    /) Trade Prices

    ) Commodity Prices

    9) Residential Property Prices

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    4E'A&4 A&4 O$TP$T10 /D- production and e*penditure accounts& in

    current and constant prices& to measure demandand supply

    20 E*ternal trade,0 Short%term industry output measures

    0 Industrial structure statistics

    0 Short term& disa""re"ated demand statistics

    (consumer& investment 4 $*ed and inventory)30 -roductivity measures

    Core Economic Statistics # RequiredCapacity

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    I&CO'E A&4 8EA;T!10 6ational accounts for the economy& to measure

    income& savin"s& investment& accumulation and'ealth

    20 6ational accounts !y sector to measure incomeredistri!ution& sector income& savin"s&accumulation&

    ,0 $nancial investment etc0 7minimum sectors8

    household& "overnment& enterprises90 Balance of payments to measure international

    income and capital :o's

    0 International investment position& to measure the

    nation#s overseas net de!t30 E*ternal de!t statistics

    Core Economic Statistics # RequiredCapacity

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    'O&E= A&4 A&>I&310 Assets < lia!ilities of the !an+in" system

    20 onetary measures

    ,0 Interest rates

    Core Economic Statistics # RequiredCapacity

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    3O7ER&'E&T10 >evenue and e*penditure& !orro'in" and lendin"

    20 /overnment accounts on a S6A and

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    ;AO$R 'AR>ET10 a!our supply and characteristics of the la!our

    force

    20 a!our

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    &AT$RA; RESO$RCES A&4 T!E E&7IRO&'E&T10 Sustaina!le measures of economic "ro'th (i0e0

    includin" indicators of environmental constraintson "ro'th)

    20 Discovery& depletion and de"radation of naturalassets in the economic process

    Core Economic Statistics # RequiredCapacity

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