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Imf Data Standards Initiatives A Consultative Approach To Enhancing Global Data Transparency
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Book Synopsis IMF Data Standards Initiatives--A Consultative Approach to Enhancing Global Data Transparency by : Anne Y. Kester
Download or read book IMF Data Standards Initiatives--A Consultative Approach to Enhancing Global Data Transparency written by Anne Y. Kester and published by International Monetary Fund. This book was released on 2006-04 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the IMF launched the data standards initiatives a decade ago, 145 of its 184 member countries have participated. This 80 percent participation rate reaffirms the importance countries place on data transparency in the globalized economy, which the initiatives promote. The wide participation can be attributed to the consultative process that has allowed for the development of a coherent program that takes account of countries' capabilities, delineates clear responsibilities between the IMF and participating countries, and establishes effective monitoring procedures to ensure the credibility of the standards for policymakers, capital markets, and the general public. The approach has also provided checks and balances and fostered accountability. The initiatives may provide insights for the promotion of similar international standards.
Book Synopsis IMF Data Standards Initiatives by : Anne Kester
Download or read book IMF Data Standards Initiatives written by Anne Kester and published by . This book was released on 2014 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the IMF launched the data standards initiatives a decade ago, 145 of its 184 member countries have participated. This 80 percent participation rate reaffirms the importance countries place on data transparency in the globalized economy, which the initiatives promote. The wide participation can be attributed to the consultative process that has allowed for the development of a coherent program that takes account of countries' capabilities, delineates clear responsibilities between the IMF and participating countries, and establishes effective monitoring procedures to ensure the credibility of the standards for policymakers, capital markets, and the general public. The approach has also provided checks and balances and fostered accountability. The initiatives may provide insights for the promotion of similar international standards.
Book Synopsis Tenth Review of IMF Data Standards Initiatives by : International Monetary
Download or read book Tenth Review of IMF Data Standards Initiatives written by International Monetary and published by International Monetary Fund. This book was released on 2022-03-16 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Data Standards Initiatives enhance data transparency as a global public good. The Tenth Review updates the framework, in light of new data priorities, through a parsimonious and principles-based expansion of encouraged data categories covering selected aspects in the areas of public debt, macro-financial indicators, foreign exchange intervention, climate change-related policy, and gender- disaggregated labor market statistics. The Review also focuses on strengthening the monitoring of the first tier of the Data Standards Initiatives, the enhanced General Data Dissemination System (e-GDDS), and encouraging subscribers of the second tier, the Special Data Dissemination Standard (SDDS), to modernize data publication technology.
Book Synopsis Ninth Review of the International Monetary Fund’s Data Standards Initiatives by : International Monetary Fund
Download or read book Ninth Review of the International Monetary Fund’s Data Standards Initiatives written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-08-04 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund’s Executive Board regularly reviews progress and developments under the Data Standards Initiatives. The last review—Eighth Review—undertaken in February 2012 introduced the Special Data Dissemination Standard (SDDS) Plus. In light of the long experience under the Data Standards Initiatives established in the mid-1990s, this review takes a longer term retrospective on what has been achieved so far, and highlights some of the lessons learned. What is evident is the contrast between the progress of countries with more advanced dissemination practices (SDDS and SDDS Plus), and the slow pace of improvement under the General Data Dissemination System (GDDS).
Book Synopsis Tackling Corruption in Latin America by : Guillaume Fontaine
Download or read book Tackling Corruption in Latin America written by Guillaume Fontaine and published by Springer Nature. This book was released on 2023-12-09 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines anti-corruption policies in Latin America. It compares best practices in public procurement and state budgets in order to provide new insights into policy design for governments, civil society organisations and international organisations engaged in the fight against corruption. The book assesses how a paradigm shift toward transparency in global governance has led to major changes in public policies in the region since the late 1990s. Using Uruguay and Chile as case studies, it then demonstrates the causal mechanisms linking transparency institutionalisation to corruption control. The book also offers recommendations for research and practice about the importance of coherent public accountability systems, that combine citizen oversight over government with government responsibility towards non-state actors. It will appeal to scholars and students of public policy, public administration and governance in Latin America, as well as those interested in political corruption.
Book Synopsis Fifth Review of the Fund's Data Standards Initiatives by : International Monetary Fund. Statistics Dept.
Download or read book Fifth Review of the Fund's Data Standards Initiatives written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2003-06-18 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews developments under the Fund's Data Standards Initiativ--the Special Data Dissemination Standard (SDDS) and the General Data Dissemination System (GDDS)--and their integration under the Data Quality Program. The paper discusses proposals for updating the SDDS and the GDDS to maintain their relevance and reflect evolving international best practice, and for follow-up on the data module of the Report on the Observance of Standards and Codes (ROSC). The paper also proposes the development of a Compendium on Good Statistical Practices.
Book Synopsis The General Data Dissemination System (GDDS)—A Reflection on its First 12 Years and Plans for Taking it Forward by : Mr.Charles Enoch
Download or read book The General Data Dissemination System (GDDS)—A Reflection on its First 12 Years and Plans for Taking it Forward written by Mr.Charles Enoch and published by International Monetary Fund. This book was released on 2009-12-01 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper reviews the developments in the last 12 years that have influenced the evolution of the IMF's General Data Dissemination System, leading to reforms to enhance its role. The GDDS itself is part of a broader IMF Data Standards Initiative launched in 1996 to help address macroeconomic data deficiencies, which contributed to the emerging economies' financial crisis during the early 1990s. The review takes stock of the experience with statistical technical assistance provided to member countries and the ongoing reforms, within and outside the IMF, to strengthen the GDDS. Such reforms are particularly relevant in the context of the ongoing economic and financial crisis, which once again underscores the role of statistics in guiding policymakers to strengthen defenses against future crises.
Book Synopsis The Special Data Dissemination Standard: Guide for Subscribers and Users by : International Monetary Fund. Statistics Dept.
Download or read book The Special Data Dissemination Standard: Guide for Subscribers and Users written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2014-01-07 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund (IMF) launched the data standards initiatives to enhance member countries’ data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the data standards initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. The SDDS not only prescribes that subscribers disseminate certain data categories, but also prescribes that subscribers disseminate the relevant metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. At the Eighth Review of the Fund’s Data Standards Initiatives in February 2012, the IMF’s Executive Board approved the SDDS Plus as an upper tier of the Fund’s data standards initiatives. The SDDS Plus is open to all SDDS subscribers and is aimed at economies with systemically important financial sectors.
Book Synopsis Evaluation of the U.K. DFID-Financed Technical Assistance GDDS Project for Selected Anglophone African Countries (2001-06) by : International Monetary Fund. Statistics Dept.
Download or read book Evaluation of the U.K. DFID-Financed Technical Assistance GDDS Project for Selected Anglophone African Countries (2001-06) written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2008-03-21 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review of Phase I of the technical assistance (TA) General Data Dissemination System (GDDS) project (2001–2006) for 15 Anglophone African countries1—funded by the U.K. Department for International Development (DFID) and executed jointly by the Fund and the World Bank—(henceforth, referred to as the Anglophone African (AAf) project) focuses mostly on the components that were implemented by the Fund’s Statistics Department (STA). The review draws on various internal and periodic evaluations of project execution and reports by technical assistance providers. The GDDS—part of the Fund’s Data Standards Initiative—defined the framework for the AAf project. The main goal of the project was initially limited to assisting countries to become participants in the GDDS via preparatory workshops and development of metadata and plans for improvement. The goal was subsequently expanded to providing TA and promoting greater awareness and regional cooperation.
Book Synopsis Special Data Dissemination Standard Plus by :
Download or read book Special Data Dissemination Standard Plus written by and published by . This book was released on 2013 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund (IMF) launched the Data Standards Initiatives to enhance member countries{u2019} data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the Data Standards Initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. In February 2012, the IMF Executive Board approved the establishment of the SDDS Plus as a third tier of the Fund{u2019}s Data Standards Initiatives to address data gaps revealed during the global crisis. The SDDS Plus is open to all SDDS subscribers: those with systemically important financial sectors are encouraged to adhere early to the initiative.
Book Synopsis Improving Sovereign Financing Conditions Through Data Transparency by : Mr. Jesus R Gonzalez-Garcia
Download or read book Improving Sovereign Financing Conditions Through Data Transparency written by Mr. Jesus R Gonzalez-Garcia and published by International Monetary Fund. This book was released on 2022-11-18 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does it pay off to be transparent and, if so, can the benefits of transparency be measured? This paper provides an affirmative answer to both questions, supported by novel evidence on the link between transparency through dissemination of economic data and sovereign bond spreads. It explores changes in sovereign financing conditions when countries join the IMF Data Standards Initiatives—a multilateral framework that promotes data transparency as a global public good. The results from event studies and local projection models show a significant decrease in spreads following the adoption of the standards. In addition, countries with relatively weaker governance benefit the most from signaling their effort toward strengthening transparency.
Book Synopsis The Special Data Dissemination Standard Plus by : International Monetary Fund. Statistics Dept.
Download or read book The Special Data Dissemination Standard Plus written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2013-10-30 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund (IMF) launched the Data Standards Initiatives to enhance member countries’ data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the Data Standards Initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. In February 2012, the IMF Executive Board approved the establishment of the SDDS Plus as a third tier of the Fund’s Data Standards Initiatives to address data gaps revealed during the global crisis. The SDDS Plus is open to all SDDS subscribers: those with systemically important financial sectors are encouraged to adhere early to the initiative.
Book Synopsis The General Data Dissemination System by : International Monetary Fund. Statistics Dept.
Download or read book The General Data Dissemination System written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2014-01-06 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide explains the nature and objectives of the General Data Dissemination System (GDDS), describes its operation, and provides practical guidance to IMF member countries on participation in the system. The GDDS provides members with a basic framework for a broader national statistical development strategy. It covers a set of statistics recognized to be essential for all countries for policymaking and analysis in an environment that increasingly requires relevant, comprehensive, accurate, and timely statistics available to the general public. The General Data Dissemination System: Guide for Participants and Users addresses the full range of issues critical for compiling and disseminating data and making explicit plans for improvement to align national procedures with best practices.
Book Synopsis International Conference on Management and Engineering(CME 2014) by : Alex Kong
Download or read book International Conference on Management and Engineering(CME 2014) written by Alex Kong and published by DEStech Publications, Inc. This book was released on 2014-06-02 with total page 1908 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim objective of CME 2014 is to provide a platform for researchers, engineers, academicians as well as industrial professionals from all over the world to present their research results and development activities in Information Management, Innovation Management, Project Management and Engineering. This conference provides opportunities for the delegates to exchange new ideas and application experiences face to face, to establish business or research relations and to find global partners for future collaboration. Submitted conference papers will be reviewed by technical committees of the Conference.
Book Synopsis The IMF's Data Dissemination Initiative After Ten Years by : Mr.John Cady
Download or read book The IMF's Data Dissemination Initiative After Ten Years written by Mr.John Cady and published by International Monetary Fund. This book was released on 2008-03-10 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Data Dissemination Initiative was launched in the mid-1990s as part of a broader internationally-agreed-upon initiative to strengthen transparency and promote good governance practices by establishing standards and codes. Ten years later, the initiative is viewed as an integral part of the international financial architecture, and is considered to have improved the functioning of international financial markets and contributed to global financial stability. This volume reviews certain aspects of the development of and experience with the initiative over the past decade, and concludes by reflecting on potential challenges ahead and possible enhancements.
Book Synopsis The Special Data Dissemination Standard by : International Monetary Fund
Download or read book The Special Data Dissemination Standard written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-07-25 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Special Data Dissemination Standard (SDDS) was established by the IMF in 1996 to guide members that already had, or that might seek, access to international capital markets in providing key economic and financial data to the public. In the following year, the IMF established the General Data Dissemination Standard (GDDS), which seeks to prepare countries for meeting the requirements of the SDDS. Data supplied by countries subscribing to the SDDS, as well as information provided by countries participating in the GDDS, are posted on the Dissemination Standards Bulletin Board (DSBB) on the IMF's public website (http://dsbb.imf.org). This Guide is intended to assist subscribers of the SDDS, GDDS participants moving toward subscription to the SDDS, and users of the DSBB in becoming aware of the features and scope of the SDDS and the DSBB. It is intended to further the IMF's initiatives in data transparency and standards, to enhance the public availability of timely and comprehensive international statistics, and therefore to contribute to countries pursuit of sound macroeconomic policies and to the improved functioning of global financial markets.
Book Synopsis Sixth Review of the Fund's Data Standards Initiatives by : International Monetary Fund. Statistics Dept.
Download or read book Sixth Review of the Fund's Data Standards Initiatives written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2005-01-07 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Data Standards Initiatives, the SDDS and the GDDS, have achieved the goals the Executive Board set in its Fifth Review of July 2003. The staff sees the next three years as a period of consolidating these gains by maintaining the credibility of the SDDS through improved monitoring of countries’ observance of its requirements, and further integrating both the SDDS and GDDS under the Fund’s Data Quality Program (DQP) by aligning their structure with the Fund’s Data Quality Assessment Framework (DQAF). The staff proposes to include no new data categories in the SDDS and GDDS. Instead, the staff proposes to deepen descriptive information on how countries cover oil and gas activities and products in selected existing data categories.
