Macroeconomic statistics are the basic information used to appraise and forecast economic performance. Reliable statistics are thus indispensable to policy makers. Such statistics can be classified into four distinct, but related, categories: the national income and product accounts, the balance of payments, government finance statistics, and the monetary accounts. 1/ For countries in which there is considerable state ownership, it is also useful to have access to the accounts of state enterprises so as to be able to distinguish their activities from those of households. While the various categories of macroeconomic statistics highlight particular aspects of the economy, they should, in principle, use broadly the same basic concepts so as to form an interconnected system that is internally consistent. This workshop focuses on the most important concepts underlying the different sets of accounts and on the interconnections among them. Special reference will be made to the Hungarian data used in the workshop series.
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