IMF Data Standards Initiatives : A Consultative Approach To Enhancing Global Data Transparency / Anne Kester.

Format:

Book

Government document

Author/Creator:

Kester, Anne.

Contributor:

International Monetary Fund. Statistics Department.

Series:

IMF Working Papers; Working Paper ; No. 2006/102

IMF Working Papers

Language:

English

Subjects (All):

International Monetary Fund.

Disclosure of information.

Finance--Statistics--Standards.

Finance.

Economic indicators--Standards.

Economic indicators.

Physical Description:

1 online resource (18 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2006.

Language Note:

English

Summary:

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.

Contents:

""Contents""; ""I. OVERVIEW""; ""II. CONSULTATIONS SHAPE THE DESIGN OF THE SDDS AND THE GDDS""; ""III. KEY FEATURES AND CLEAR RESPONSIBILITIES PROMOTE CREDIBILITY OF THE SDDS AND THE GDDS""; ""A. The SDDS""; ""B. The GDDS""; ""C. Differences Between the SDDS and the GDDS""; ""D. Dissemination Standards Bulletin Board""; ""IV. EXECUTIVE BOARD REVIEWS SUPPORT ENHANCEMENTS AND FOSTER ACCOUNTABILITY""; ""V. A COMPREHENSIVE WORK PROGRAM SUPPORTS STEADY IMPLEMENTATION OF THE SDDS AND THE GDDS""; ""A. Monitoring SDDS Observance""; ""B. Conferences, Seminars, and Other Consultations""

""C. Other Collaborative Efforts""""VI. USEFUL GUIDELINES HELP PARTICIPATION AND OBSERVANCE""; ""VII. INCREASED PARTICIPATION ADVANCES GLOBAL DATA TRANSPARENCY""; ""SDDS SUBSCRIBERS AND GDDS PARTICIPANTS AS OF JANUARY 2006""; ""KEY DIMENSIONS AND ELEMENTS OF THE SDDS""; ""KEY ENHANCEMENTS TO THE SDDS""

Notes:

"April 2006."

Includes bibliographical references.

Description based on print version record.

ISBN:

9786613829511

9781462377053

146237705X

9781452797571

1452797579

9781283517065

128351706X

9781451908961

1451908962

OCLC:

694141104