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  • Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access x
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Ms. Claudia H Dziobek
,
Mr. Alberto F Jimenez de Lucio
, and
Mr. James A Chan
This note addresses the following main issues: • Statistical definitions of government (Government Finance Statistics Manual 2001) • Institutional structure of government and public sector • What is a precise definition of government and why it is relevant • Potential pitfalls of lacking a precise definition of government • Definitions of government in IMF-supported programs • Applications for fiscal rules and other fiscal policy design
International Monetary Fund
The data dissemination module of the Report on the Observance of Standards and Codes (ROSC) provides an in-depth review of Ukraine’s statistical system. The report provides an assessment of Ukraine’s data dissemination practices in relation to the IMF’s Special Data Dissemination Standard (SDDS), and the quality of the data disseminated using the Data Quality Assessment Framework (DQAF) developed by the IMF’s Statistics Department. It also assesses data quality for the national accounts, consumer and producer prices, government finance, monetary, and balance-of-payments statistics.
Mr. Andrew J Tiffin
,
Mr. Christian B. Mulder
, and
Mr. Charalambos Christofides
This paper examines the relationship between adherence to international standards of good practice in policy-making and two key indicators of access to capital markets and the cost of this access: spreads and sovereign ratings. In contrast to other work, this study reviews a broad set of indicators for adherence to international standards. The estimations are conducted for emerging market economies, and pay particular attention to issues of persistence in spreads and ratings and nonlinearities in the relationships. The main finding confirms the expectation that standards are indeed relevant. Accounting standards and property rights are especially important for spreads, in addition to data transparency (SDDS subscription). Accounting standards and corruption are especially important in explaining ratings in addition to trade protectiveness (not a standard).