Monthly economic statistical bulletins issued by central banks and national statistical offices, the focus of this study, are well established in countries with advanced statistical systems. Such bulletins present a synopsis of current economic trends and cater to a broad group of users involved in policy, markets, media, and research. Compendium bulletins serve as a reference point, contribute to public economic knowledge and transparency, and can add to international visibility. The authors find that only about half of developing countries produce monthly bulletins. Based on experience in industrial countries and a survey of 22 successful bulletins from developing countries, this paper highlights the role of such bulletins and discusses selected aspects of their content, production, and dissemination.
The paper outlines a general framework for statistical legislation. The implications of statistical legislation for the whole statistical system, as well as for centralized versus decentralized statistical systems, are addressed. The general framework is spelled out by identifying "essential" components of statistical legislation. The paper illustrates how these components can be applied to different country situations, and it draws attention to a number of additional topics for discussion and areas for future study in statistical legislation. It also brings together summary descriptions of the statistical legislation of a large number of countries that underlie the derivation of the essential components. It thus provides a reference for countries considering new or revised statistical legislation.