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International Monetary Fund. Statistics Dept.
An external sector statistics (ESS) mission visited Djibouti from January 26–30, 2020. This was the fourth mission under the JSA/AFR project to improve ESS in 17 Francophone African countries. The mission found that significant data on direct investment (DI) have not been incorporated in either the balance of payments or international investment position (IIP) statistics since 2017.
International Monetary Fund. Statistics Dept.

a detailed one-year action plan with the following priority recommendations carrying particular weight to make headway in improving the ESS . Table 1. Djibouti: Priority Recommendations Target completion date Priority Recommendation Responsible Institutions June 2020 Incorporate port data received from the Djibouti Ports and Free Zones Authority into foreign direct investment in the balance of payments (BOP) and international investment position (IIP) . BCD July 2020 Transmit the revised BOP and

Mr. Serkan Arslanalp, Mr. Marco Marini, and Ms. Patrizia Tumbarello

’ ability to detect emerging risks in trade flows and, possibly, help identify turning points in the business cycle—especially for small open economies that rely heavily on seaborne trade for either imports or exports. The more granular (ship-by-ship and port-by-port) data may reveal emerging patterns in international trade, including those associated with global trade tensions. The data could close data gaps, especially for countries whose international trade is mostly seaborne and whose statistical capacity is weak (e.g., small island states). Small states

International Monetary Fund

imports for re-exports in excess of 40 percent since 1992/93. For non-essential goods, the port data would indicate a less severe real decline in imports for re-exports, because domestic consumption contracted too with the downturn in economic activity. It is not possible to quantify the magnitude of the effect of each of the different shocks individually. However, the impact of the suspension of repurchases of CFA franc bank notes outside the West African Monetary Union (WAMU) area appeared to be relatively short-lived because traders quickly shifted to other

Mr. Serkan Arslanalp, Mr. Marco Marini, and Ms. Patrizia Tumbarello
Vessel traffic data based on the Automatic Identification System (AIS) is a big data source for nowcasting trade activity in real time. Using Malta as a benchmark, we develop indicators of trade and maritime activity based on AIS-based port calls. We test the quality of these indicators by comparing them with official statistics on trade and maritime statistics. If the challenges associated with port call data are overcome through appropriate filtering techniques, we show that these emerging “big data” on vessel traffic could allow statistical agencies to complement existing data sources on trade and introduce new statistics that are more timely (real time), offering an innovative way to measure trade activity. That, in turn, could facilitate faster detection of turning points in economic activity. The approach could be extended to create a real-time worldwide indicator of global trade activity.
International Monetary Fund
This paper reviews economic developments in The Gambia during 1990–95. Economic activity slowed down in 1993/94 and contracted by at least 4 percent in real terms in 1994/95. With the drop in re-export trade and the disruption of the tourist season, domestic government revenues declined by more than 4 percent of GDP during 1993/94–1994/95; foreign grants fell by an additional 2 percent of GDP, owing to the suspension of balance-of-payments assistance following the military coup.
International Monetary Fund

This report on the Observance of Standards and Codes (ROSC) provides an assessment of Guatemala’s macroeconomic statistics against the General Data Dissemination System complemented by an assessment of data quality based on the IMF’s Data Quality Assessment Framework. The assessment reveals that the legal framework for statistical activity is broadly adequate, and institutions display a commitment to disseminate macroeconomic statistics, largely through the Internet. However, there is scope to improve the methodological basis and source data underpinning most datasets, as well as the mix and level of resources in a few cases.

International Monetary Fund
This report on the Observance of Standards and Codes (ROSC) provides an assessment of Guatemala’s macroeconomic statistics against the General Data Dissemination System complemented by an assessment of data quality based on the IMF’s Data Quality Assessment Framework. The assessment reveals that the legal framework for statistical activity is broadly adequate, and institutions display a commitment to disseminate macroeconomic statistics, largely through the Internet. However, there is scope to improve the methodological basis and source data underpinning most datasets, as well as the mix and level of resources in a few cases.
Mr. Dominique Desruelle and Mr. Alfred Schipke
Central America has made substantial progress in recent years in moving economic reforms forward and deepening regional and global integration. As result of these efforts, the region has experienced higher growth, increased capital inflows, and some reductions in poverty rates. But Central America remains vulnerable to adverse shocks and continues to face widespread poverty. While today Central America is in better condition to face such shocks, the current turmoil in global financial markets and U.S. growth slowdown could put at risk the hard-won gains of recent years. Faced with these challenges, the authorities are monitoring developments closely and are taking precautionary measures, but they also need to continue implementing productivity-enhancing reforms and measures aimed at reducing income inequality and poverty.