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Mr. Luis M. Cubeddu, Mr. Alexander Culiuc, Ms. Ghada Fayad, Miss Yuan Gao, Ms. Kalpana Kochhar, Ms. Annette J Kyobe, Ceyda Oner, Mr. Roberto Perrelli, Sarah Sanya, Ms. Evridiki Tsounta, and Mr. Zhongxia Zhang
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the crisis. This raises the question of whether EMs can bounce back to the growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them over the medium term, and the policy priorities needed to sustain the growth rates seen in the past decades. In doing so, the paper differentiates EMs along various dimensions (e.g. degree of commodity dependence, trade and financial openness) to highlight the need to tailor policy priorities.
International Monetary Fund

Abstract

A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both developed and developing countries, it replaces guidance from the United Nations that is now more than a quarter-century old and thus badly outdated. The chapters cover many topics; they elaborate on the different practices currently in use, propose alternatives whenever possible, and discuss the advantages and disadvantages of each alternative. Given its comprehensive nature, the manual is expected to satisfy the needs of many users in addition to national statistical offices and international organizations, particularly businesses, policymakers, and researchers.

International Monetary Fund

Abstract

El índice de precios al productor (PPI) mide la tasa a la cual varían con el tiempo los precios de producción de bienes y servicios. Es una estadística fundamental para las decisiones económicas y empresariales y para seguir la evolución de la inflación. El Manual del índice de precios al productor: Teoría y práctica proporciona directrices claras y actualizadas sobre los conceptos, usos, métodos y teoría económica del IPP, incluyendo información sobre clasificaciones, fuentes, técnicas de compilación y usos analíticos del IPP. Este Manual reemplaza a las anteriores directrices internacionales sobre el IPP (incluidas en el Manual de índices de precios al productor de bienes industriales, publicado por la División de Estadística de las Naciones Unidas en 1979). El marco conceptual del Manual se deriva del Sistema de Cuentas Nacionales 1993 y de la evolución reciente de la teoría de números índice. La preparación del Manual fue emprendida por el Grupo Interinstitucional de Trabajo sobre Estadísticas de Precios a través de un grupo de expertos técnicos presidido por el FMI e integrado por representantes de la OIT, la OCDE, la Comisión Económica de las Naciones Unidas para Europa, el Banco Mundial, oficinas nacionales de estadística e instituciones académicas.

International Monetary Fund

Abstract

L'indice des prix à la production (IPP) mesure le rythme auquel les prix des biens et services de production évoluent au fil du temps. C'est une statistique essentielle pour les décisions économiques et commerciales et pour surveiller l'inflation. Le manuel de l’indice des prix à la production présente des orientations claires et actualisées sur les concepts, les utilisations, les méthodes et la théorie économique de cet indice, dont des informations sur les classifications, les sources, les techniques de compilation et les applications statistiques de l'indice. Ce manuel remplace le Manuel d’indices des prix à la production pour les biens industriels, publié en 1979 par la Commission de statistique des Nations Unies. Le cadre conceptuel du manuel est issu du Système de comptabilité nationale 1993 et de récentes avancées dans la théorie des indices. La rédaction du manuel, organisée par le Groupe de travail intersecrétariats sur les statistiques des prix, a été entreprise par un groupe d'experts techniques présidé par le FMI et comportant des représentants du BIT, de l'OCDE, de la Commission économique des Nations Unies pour l’Europe, de la Banque mondiale, d'instituts statistiques nationaux et du monde universitaire.

International Monetary Fund

Abstract

The producer price index (PPI) measures the rate at which the prices of producer goods and services are changing overtime. It is a key statistic for economic and business decision making and inflation monitoring. The Producer Price Index Manual: Theory and Practice provides clear, up-to-date guidance on the concepts, uses, methods, and economic theory of the PPI, including information on classifications, sources, compilation techniques, and analytical uses of the PPI. The Manual supersedes the previous international guidance on PPIs (available in the Manual on Producers’ Price Indices for Industrial Goods, published by the United Nations Statistics Division in 1979). The Manual's conceptual framework derives from the System of National Accounts1993 and recent developments in index number theory. Preparation of the Manual was undertaken by the Intersecretariat Working Group on Price Statistics through a technical expert group chaired by the IMF and involving representatives from the ILO, the OECD, the UN Economic Commission for Europe, the World Bank, national statistical offices, and academic institutions.

International Monetary Fund

Abstract

The consumer price index (CPI) measures the rate at which the prices of consumer goods and services are changing over time. It is a key statistic for economic and social policymaking and has substantial and wide-ranging implications for governments, businesses, and households. This important and comprehensive Manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs, and explains in-depth the methods that are used to calculate a CPI. It also examines the underlying economic and statistical concepts and principles needed for making choices in efficient and cost-effective ways, and for appreciating the full implications of those choices.

International Monetary Fund

Abstract

The consumer price index (CPI) measures the rate at which the prices of consumer goods and services are changing over time. It is a key statistic for economic and social policymaking and has substantial and wide-ranging implications for governments, businesses, and households. This important and comprehensive Manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs, and explains in-depth the methods that are used to calculate a CPI. It also examines the underlying economic and statistical concepts and principles needed for making choices in efficient and cost-effective ways, and for appreciating the full implications of those choices.

International Monetary Fund

Abstract

The consumer price index (CPI) measures the rates at which the prices of consumer goods and services are changing over time. It is a key statistic for purposes of economic and social policymaking, especially monetary policy and social policy, and has substantial and wide-ranging implications for governments, businesses, and workers, as well as households. This important and comprehensive manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs and explains in depth the methods that are used to calculate a CPI. It also examines the underlying economic and statistical concepts and priniciples needed for making choices in efficient and cost-effective ways and for appreciating the full implications of those choices. The following international organizations, concerned both with the measurement of inflation and with policies designed to control it, have collaborated on the preparation of this manual: the International Labour Office; the International Monetary Fund; the Organization for Econmomic Co-operation and Development; the Statistical Office of the European Communities (Eurostat); the United Nations Economic Commission for Europe; and the World Bank.

International Monetary Fund

Abstract

El Índice de Precios al Consumidor (IPC) mide la evolución de los precios al consumidor de los bienes y servicios a través del tiempo. Es una estadística clave para formular tanto políticas económicas, especialmente monetarias, como políticas sociales, y tiene consecuencias importantes y diversas para los gobiernos, las empresas, los trabajadores y los hogares. Este exhaustivo manual proporciona pautas para oficinas de estadística y otras agencias responsables de la elaboración del IPC y explica en profundidad los métodos utilizados para calcularlo. También examina los conceptos y principios económicos y estadísticos necesarios para tomar decisiones eficientes en función de los costos y para apreciar las consecuencias de esas elecciones en toda su magnitud. Es una herramienta valiosa para los encargados de formular políticas y los investigadores, especialmente para aquéllos interesados en los números índice. Las siguientes organizaciones internacionales que se interesan en la medición de la inflación y en las políticas para controlarla colaboraron en la preparación de este manual: la Organización Internacional del Trabajo, el Fondo Monetario Internacional, la Organización de Cooperación y Desarrollo Económicos, la Oficina de Estadística de la Comunidad Europea (Eurostat), la Comisión Económica de las Naciones Unidas para Europa y el Banco Mundial. ----------------------- The consumer price index (CPI) measures the rates at which the prices of consumer goods and services are changing over time. It is a key statistic for purposes of economic and social policymaking, especially monetary policy and social policy, and has substantial and wide-ranging implications for governments, businesses, and workers, as well as households. This important and comprehensive manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs and explains in depth the methods that are used to calculate a CPI. It also examines the underlying economic and statistical concepts and priniciples needed for making choices in efficient and cost-effective ways and for appreciating the full implications of those choices. The following international organizations, concerned both with the measurement of inflation and with policies designed to control it, have collaborated on the preparation of this manual: the International Labour Office; the International Monetary Fund; the Organization for Econmomic Co-operation and Development; the Statistical Office of the European Communities (Eurostat); the United Nations Economic Commission for Europe; and the World Bank.

International Monetary Fund

Abstract

L'indice des prix à la consommation (IPC) mesure le rythme auquel les prix des biens et services de consommation évoluent au fil du temps. C'est une statistique essentielle pour l'élaboration des politiques économiques et sociales, en particulier la politique monétaire et la politique sociale, qui a des implications considérables et variées pour les administrations publiques, les entreprises, les travailleurs et les ménages. Ce manuel important et complet fournit des lignes directrices aux instituts de statistique et aux autres agences responsables de l'établissement des IPC et explique en détail les méthodes utilisées pour leur calcul. Il examine également les concepts et principes économiques et statistiques sous-jacents nécessaires pour faire des choix de manière efficace et efficiente et pour mesurer toutes les implications de ces choix. Les organisations internationales suivantes, qui s'intéressent à la fois à la mesure de l’inflation et aux politiques visant à la maîtriser, ont collaboré à l’élaboration de ce manuel : le Bureau international du travail, le Fonds monétaire international, l'Organisation pour la coopération et le développement économiques, l'Office statistique des Communautés européennes (Eurostat), la Commission économique des Nations Unies pour l'Europe et la Banque mondiale.