Middle East and Central Asia > Jordan

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  • Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access x
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International Monetary Fund
This paper reviews the role of the GDDS in helping developing and emerging market countries improve the dissemination of macroeconomic and sociodemographic data. It considers whether the GDDS, in the way it was designed about a decade ago and enhanced along the way, has fulfilled its purpose. Further, it considers whether the GDDS remains relevant to its current and prospective members, given ongoing global integration, increasing emphasis on transparency and governance mechanisms, and increased reliance on the Internet and electronic data transmission.
Mr. William E. Alexander
,
Mr. John Cady
, and
Mr. Jesus R Gonzalez-Garcia

Abstract

The Data Dissemination Initiative was launched in the mid-1990s as part of a broader internationally-agreed-upon initiative to strengthen transparency and promote good governance practices by establishing standards and codes. Ten years later, the initiative is viewed as an integral part of the international financial architecture, and is considered to have improved the functioning of international financial markets and contributed to global financial stability. This volume reviews certain aspects of the development of and experience with the initiative over the past decade, and concludes by reflecting on potential challenges ahead and possible enhancements.

International Monetary Fund
The report highlights the actions taken by the authorities to address the issues raised by the 2002 Data Report on the Observance of Standards and Codes (ROSC) mission for all macroeconomics statistics included in the ROSC exercise, namely national accounts, price, government finance, monetary, and balance-of-payments statistics. It also analyzes the authorities' plans for further improving the quality of the statistics, and reviews Jordan’s current data dissemination practices against the requirements of the Special Data Dissemination Standard (SDDS).