Description: This course aims to provide a deep understanding of the concepts, data sources and compilation techniques for balance of payments (BOP) and international investment position (IIP) statistics. It focuses on their application in addressing complex methodological issues in accordance with the recently updated seventh edition of the Integrated Balance of Payments and International Investment Position Manual, Seventh Edition (BPM7). The intermediate level of the course presupposes participants' familiarity with the basic concepts. The course consists of a series of lectures and workshops analyzing country cases with a strong data component and is designed to allow peer learning and sharing of experiences. It acknowledges the challenges in compiling data in emerging areas of user interest, such as the identification of goods traded within global manufacturing arrangements and digital trade. The course examines themes and challenges emerging from developments in the global economy, and participants will have the opportunity to discuss how these impact compilation work. Specific exercises are geared to integrate data compilation with Fund surveillance and policy advice; and to demonstrate the analytical uses in BOP and IIP statistics.
Target Audience: Officials responsible for the compilation of external sector statistics (ESS) -Balance of Payments (BOP) and/or International Investment Position (IIP) statistics - who possess knowledge and experience in applying internationally accepted standards for these macroeconomic statistics.
Description: This course, presented by the Statistics Department, discusses identification and assessment of elementary indicators and the techniques for combining them into a single overall index of economic activity to track trends in the economy. Flash estimates or indexes of economic activity bring together a range of specific economic elementary indicators to give timely overall measures of economic activity. Such measures give useful information to policy makers complementing the annual and quarterly GDP estimates (which are more comprehensive but usually only available after substantial lags) and provide a more comprehensive picture than a set of individual monthly and quarterly indicators (which are up-to-the-minute but reflect just a portion of the total economy). This course is oriented toward actual or potential compilers of short-term indicators in central banks and statistical offices as well as those involved in data collection of monthly indicators. Participants are expected to work with their own available monthly and quarterly time series during the course. These indicators will be used in the practical session to develop experimental estimates.
Target Audience: Officials responsible for compiling short-term or monthly economic indicators in central banks and statistical offices.
Description: This course, presented by the Statistics Department, targets compilers with a certain degree of experience in the compilation and/or analysis of balance of payments and/or IIP. It aims at providing a deep understanding of the concepts, data sources and compilation techniques for balance of payments and IIP statistics and their application for addressing complex methodological issues. The course does not cover the basic balance of payments and IIP concepts. The intermediate level of the course presupposes participants’ familiarity with the basic concepts.The course consists of a series of lectures and workshops analyzing country cases with a strong data component and to allow peer learning and sharing of experiences. Recognizing the challenges in compiling data in emerging areas of user interest, the course emphasizes specific topics, such as estimating informal cross border activities and the treatment of special purpose entities. The course examines themes and challenges emerging from developments in global economy, and participants have the opportunity to discuss how these impact compilation work. Specific exercises are geared to integrating data compilation with Fund surveillance and policy advice; and to demonstrate the analytical uses of ESS.
Target Audience: Officials responsible for the compilation of external sector statistics (ESS) (balance of payments and/or international investment position (IIP) statistics), and who are familiar with the methodology of the Balance of Payments and International Investment Position Statistics Manual, sixth edition (BPM6).
Description: This course, presented by the Statistics Department, acquaints participants with the fundamentals of compiling and using FSIs in support of macroprudential analysis. The course covers methodological and technical issues in the construction of FSIs, as discussed in the 2019 Financial Soundness Indicators Compilation Guide (2019 FSI Guide). The course takes an interactive approach using hands-on exercises in discussing the main topics as follows: Preparation of the sectoral financial statements and compilation of FSIs for deposit takers; Regulatory framework for deposit takers; Accounting principles and data consolidation for the compilation of FSIs for deposit takers; and Overview of key points and changes in the 2019 FSI Guide.
Target Audience: Officials at central banks and supervisory agencies for the financial sector who are involved in the collection, compilation, and analysis of financial soundness indicators (FSIs).
