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Big Data On Vessel Traffic Nowcasting Trade Flows In Real Time
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Book Synopsis Big Data on Vessel Traffic: Nowcasting Trade Flows in Real Time by : Mr.Serkan Arslanalp
Download or read book Big Data on Vessel Traffic: Nowcasting Trade Flows in Real Time written by Mr.Serkan Arslanalp and published by International Monetary Fund. This book was released on 2019-12-13 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vessel traffic data based on the Automatic Identification System (AIS) is a big data source for nowcasting trade activity in real time. Using Malta as a benchmark, we develop indicators of trade and maritime activity based on AIS-based port calls. We test the quality of these indicators by comparing them with official statistics on trade and maritime statistics. If the challenges associated with port call data are overcome through appropriate filtering techniques, we show that these emerging “big data” on vessel traffic could allow statistical agencies to complement existing data sources on trade and introduce new statistics that are more timely (real time), offering an innovative way to measure trade activity. That, in turn, could facilitate faster detection of turning points in economic activity. The approach could be extended to create a real-time worldwide indicator of global trade activity.
Book Synopsis World Seaborne Trade in Real Time: A Proof of Concept for Building AIS-based Nowcasts from Scratch by : Mr. Diego A. Cerdeiro
Download or read book World Seaborne Trade in Real Time: A Proof of Concept for Building AIS-based Nowcasts from Scratch written by Mr. Diego A. Cerdeiro and published by International Monetary Fund. This book was released on 2020-05-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maritime data from the Automatic Identification System (AIS) have emerged as a potential source for real time information on trade activity. However, no globally applicable end-to-end solution has been published to transform raw AIS messages into economically meaningful, policy-relevant indicators of international trade. Our paper proposes and tests a set of algorithms to fill this gap. We build indicators of world seaborne trade using raw data from the radio signals that the global vessel fleet emits for navigational safety purposes. We leverage different machine-learning techniques to identify port boundaries, construct port-to-port voyages, and estimate trade volumes at the world, bilateral and within-country levels. Our methodology achieves a good fit with official trade statistics for many countries and for the world in aggregate. We also show the usefulness of our approach for sectoral analyses of crude oil trade, and for event studies such as Hurricane Maria and the effect of measures taken to contain the spread of the novel coronavirus. Going forward, ongoing refinements of our algorithms, additional data on vessel characteristics, and country-specific knowledge should help improve the performance of our general approach for several country cases.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 : Total Pages :81 pages Book Rating :4.4/5 (2 download)
Book Synopsis Tuvalu by : International Monetary Fund. Asia and Pacific Dept
Download or read book Tuvalu written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-07-21 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2023 Article IV Consultation discusses that a successful vaccination strategy allowed Tuvalu to lift coronavirus disease (COVID) containment measures at the end of 2022, but the economic cost of the pandemic has been significant. Real gross domestic product growth was -4.3 percent in 2020, with at-the-border containment measures leading to delays in much-needed infrastructure projects. Growth is expected to accelerate as the lifting of COVID restrictions leads to the resumption of construction activity, shipping bottlenecks ease and the trade and hospitality sectors recover. Tuvalu is among the countries most vulnerable to the effects of climate change; its remote economy is dominated by the public sector; and its revenue base is narrow, with reliance on donor commitments further complicating fiscal planning. The economic setback due to the pandemic makes addressing these significant structural challenges more difficult. The report recommends promoting fiscal sustainability and building buffers by mobilizing revenues and rationalizing current expenditures.
Book Synopsis Data Science for Economics and Finance by : Sergio Consoli
Download or read book Data Science for Economics and Finance written by Sergio Consoli and published by Springer Nature. This book was released on 2021 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book covers the use of data science, including advanced machine learning, big data analytics, Semantic Web technologies, natural language processing, social media analysis, time series analysis, among others, for applications in economics and finance. In addition, it shows some successful applications of advanced data science solutions used to extract new knowledge from data in order to improve economic forecasting models. The book starts with an introduction on the use of data science technologies in economics and finance and is followed by thirteen chapters showing success stories of the application of specific data science methodologies, touching on particular topics related to novel big data sources and technologies for economic analysis (e.g. social media and news); big data models leveraging on supervised/unsupervised (deep) machine learning; natural language processing to build economic and financial indicators; and forecasting and nowcasting of economic variables through time series analysis. This book is relevant to all stakeholders involved in digital and data-intensive research in economics and finance, helping them to understand the main opportunities and challenges, become familiar with the latest methodological findings, and learn how to use and evaluate the performances of novel tools and frameworks. It primarily targets data scientists and business analysts exploiting data science technologies, and it will also be a useful resource to research students in disciplines and courses related to these topics. Overall, readers will learn modern and effective data science solutions to create tangible innovations for economic and financial applications.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :182 pages Book Rating :4.4/5 (2 download)
Book Synopsis World Economic Outlook, October 2023 by : International Monetary Fund. Research Dept.
Download or read book World Economic Outlook, October 2023 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2023-10-10 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest World Economic Outlook reports signs that policy tightening is starting to cool activity despite core inflation proving persistent. Risks are more balanced as banking sector stress has receded, but they remain tilted to the downside. Monetary policy should stay the course to bring inflation to target, while fiscal consolidation is needed to tackle soaring debts. Structural reforms are crucial to revive medium-term growth prospects amid constrained policy space.
Book Synopsis Building Statistical Capacity in Fragile and Conflict-Affected States by : Ms. Stephanie C Medina Cas
Download or read book Building Statistical Capacity in Fragile and Conflict-Affected States written by Ms. Stephanie C Medina Cas and published by International Monetary Fund. This book was released on 2022-02-25 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on internal data, this paper finds that the capacity development program of the IMF’s Statistics Department has prioritized technical assistance and training to fragile and conflict-affected states. These interventions have yielded only slightly weaker results in fragile states than in other states. However, capacity development is constantly needed to make up for the dissipation of progress resulting from insufficient resources that fragile and conflict-affected states allocate to the statistical function, inadequate inter-agency coordination, and the pervasive impact of shocks exogenous to the statistical system. Greater coordination with other capacity development providers and within the IMF can help partially overcome low absorptive capacity in fragile states. Statistical capacity development is more effective when it is tailored to countries’ level of fragility.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 : Total Pages :68 pages Book Rating :4.4/5 (2 download)
Book Synopsis 2024 Staff Guidance Note On The IMF’s Engagement With Small Developing States by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book 2024 Staff Guidance Note On The IMF’s Engagement With Small Developing States written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2024-07-25 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guidance note provides operational guidance on the Fund’s engagement with small developing states (SDS). It highlights the unique economic characteristics and constraints facing SDS, notably in a more shock-prone world. Building on advice that applies to the full membership, the note explains how the characteristics of SDS shape Fund surveillance, financial support and program design, capacity development (CD), and collaboration with other institutions and donors. The note updates the previous version that was published in December 2017.
Book Synopsis Review of Maritime Transport 2020 by : United Nations
Download or read book Review of Maritime Transport 2020 written by United Nations and published by UN. This book was released on 2021-01-06 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series contains the decisions of the Court in both the English and French texts.
Download or read book Maritime Economics written by Alan Branch and published by Routledge. This book was released on 2013-04-15 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its second edition Maritime Economics provides a valuable introduction to the organisation and workings of the global shipping industry. The author outlines the economic theory as well as many of the operational practicalities involved. Extensively revised for the new edition, the book has many clear illustrations and tables. Topics covered include: * an overview of international trade * Maritime Law * economic organisation and principles * financing ships and shipping companies * market research and forecasting.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309388805 Total Pages :351 pages Book Rating :4.3/5 (93 download)
Book Synopsis Next Generation Earth System Prediction by : National Academies of Sciences, Engineering, and Medicine
Download or read book Next Generation Earth System Prediction written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-08-22 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the nation's economic activities, security concerns, and stewardship of natural resources become increasingly complex and globally interrelated, they become ever more sensitive to adverse impacts from weather, climate, and other natural phenomena. For several decades, forecasts with lead times of a few days for weather and other environmental phenomena have yielded valuable information to improve decision-making across all sectors of society. Developing the capability to forecast environmental conditions and disruptive events several weeks and months in advance could dramatically increase the value and benefit of environmental predictions, saving lives, protecting property, increasing economic vitality, protecting the environment, and informing policy choices. Over the past decade, the ability to forecast weather and climate conditions on subseasonal to seasonal (S2S) timescales, i.e., two to fifty-two weeks in advance, has improved substantially. Although significant progress has been made, much work remains to make S2S predictions skillful enough, as well as optimally tailored and communicated, to enable widespread use. Next Generation Earth System Predictions presents a ten-year U.S. research agenda that increases the nation's S2S research and modeling capability, advances S2S forecasting, and aids in decision making at medium and extended lead times.
Book Synopsis Impact of the Covid-19 Pandemic on Trade and Development by : United Nations Publications
Download or read book Impact of the Covid-19 Pandemic on Trade and Development written by United Nations Publications and published by . This book was released on 2021-03-31 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report fosters understanding of the impact of COVID-19 (coronavirus) on trade and development and reflects on actions that can propel us to the future we want. It provides up-to-date data and analysis on the impact of COVID-19 on trade and development; identifies sustained trends to characterize the "new normal"; and provides policy recommendations to build a more resilient, inclusive and sustainable future.
Book Synopsis Regional Integration in the Union for the Mediterranean Progress Report by : OECD
Download or read book Regional Integration in the Union for the Mediterranean Progress Report written by OECD and published by OECD Publishing. This book was released on 2021-05-27 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education.
Book Synopsis Climate Change Impacts and Adaptation for Transport Networks and Nodes by : United Nations Publications
Download or read book Climate Change Impacts and Adaptation for Transport Networks and Nodes written by United Nations Publications and published by . This book was released on 2020-04-14 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the analyses of several climate variables relevant to transport networks and nodes within the ECE region. Regional maps have been produced in Geographical Information System (GIS) format, showing the main transportation networks, which have been overlain by the spatial distribution of the climate change projections, thereby presenting an initial perspective of areas of potential risk which could warrant more in-depth assessment. The Group of Experts has also reviewed and presented country experiences in the form of case studies, demonstrating a range of efforts that have been undertaken to analyse climate change impacts on transport assets and operations. With its work, the Group of Experts wishes to raise awareness on the importance of considering climate change and extreme weather (for example, in planning, construction, maintenance and operations) and of strengthening the climate resilience of inland transport assets, networks and nodes. It also aims to stimulate the continuation of work to establish the necessary analytical basis to facilitate local or regional assessments, leading to the identification of specific transport assets at risk which may require adaptation efforts. The Group of Experts, within this report, also formulated a series of lessons learned which have served as a basis to recommend future action at national and international levels towards improved transportation system climate resilience.
Book Synopsis Practical Ship Hydrodynamics by : Volker Bertram
Download or read book Practical Ship Hydrodynamics written by Volker Bertram and published by Elsevier. This book was released on 2012 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical Ship Hydrodynamics provides a comprehensive overview of hydrodynamic experimental and numerical methods for ship resistance and propulsion, maneuvering, seakeeping and vibration. Beginning with an overview of problems and approaches, including the basics of modeling and full scale testing, expert author Volker Bertram introduces the marine applications of computational fluid dynamics and boundary element methods. Expanded and updated, this new edition includes: Otherwise disparate information on the factors affecting ship hydrodynamics, combined to provide one practical, go-to resource. Full coverage of new developments in computational methods and model testing techniques relating to marine design and development. New chapters on hydrodynamic aspects of ship vibrations and hydrodynamic options for fuel efficiency, and increased coverage of simple design estimates of hydrodynamic quantities such as resistance and wake fraction. With a strong focus on essential background for real-life modeling, this book is an ideal reference for practicing naval architects and graduate students.
Book Synopsis Marine Fog: Challenges and Advancements in Observations, Modeling, and Forecasting by : Darko Koračin
Download or read book Marine Fog: Challenges and Advancements in Observations, Modeling, and Forecasting written by Darko Koračin and published by Springer. This book was released on 2017-01-28 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the history of marine fog research and applications, and discusses the physical processes leading to fog's formation, evolution, and dissipation. A special emphasis is on the challenges and advancements of fog observation and modeling as well as on efforts toward operational fog forecasting and linkages and feedbacks between marine fog and the environment.
Download or read book Mobility Data written by Chiara Renso and published by Cambridge University Press. This book was released on 2013-10-14 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mobility of people and goods is essential in the global economy. The ability to track the routes and patterns associated with this mobility offers unprecedented opportunities for developing new, smarter applications in different domains. Much of the current research is devoted to developing concepts, models, and tools to comprehend mobility data and make it manageable for these applications. This book surveys the myriad facets of mobility data, from spatio-temporal data modeling, to data aggregation and warehousing, to data analysis, with a specific focus on monitoring people in motion (drivers, airplane passengers, crowds, and even animals in the wild). Written by a renowned group of worldwide experts, it presents a consistent framework that facilitates understanding of all these different facets, from basic definitions to state-of-the-art concepts and techniques, offering both researchers and professionals a thorough understanding of the applications and opportunities made possible by the development of mobility data.
Book Synopsis GIS for Coastal Zone Management by : Darius Bartlett
Download or read book GIS for Coastal Zone Management written by Darius Bartlett and published by CRC Press. This book was released on 2004-08-27 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly used to analyze and manage marine and coastal zones, Geographical Information Systems (GIS) provide a powerful set of tools for integrating and processing spatial information. These technologies are increasingly used in the management and analysis of the coastal zone. Supplying the guidance necessary to use these tools, GIS for Coastal
