International seminar on early warning and business cycle indicators

17-11-2010  – 19-11-2010 Moscow

The third International Seminar on Early Warning and Business Cycle Indicators will take place from 17 to 19 November 2010 in Moscow, Russian Federation. This is the final seminar organized by United Nations Statistics Division/DESA and Eurostat in cooperation with the hosts of the three seminars, Statistics Canada (Ottawa, May 2009), Statistics Netherlands (Scheveningen, December 2009) and the Federal State Statistics Service of the Russian Federation. These seminars are held in response to the call made in the fortieth Session of the United Nations Statistical Commission in 2009 for swift and coordinated statistical initiatives by countries and international organizations in response to the global economic and financial crisis.

The seminars focus on the methodologies for compiling and releasing of high quality rapid (or ‘flash’) estimates, their international comparability, the communication strategy for such estimates and their analytical indicators on the performance of the real sector of the economy and the financial markets for effective macroeconomic monitoring.

The third international seminar is expected to formulate recommendations for the monitoring of business cycles and the early identification of turning points, as well as strategies for future work on improving statistical tools for this purpose. The outcome will be formulated as recommendations that will be presented to the United Nations Statistical Commission at its next session in March 2011.

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