The 2011 ICP at the Global Level

8/9/2019 The 2011 ICP at the Global Level

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The 2011 ICP at the Global Level

Michel Mouyelo-Katoula

Global Manager

International Comparison Program


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Outline

2

I Objectives & Innovations

II Governance Structure

III Program Implementation

IV Research Agenda

V ICP 2011 Timeframe


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I

Objectives & Innovations

3


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4

Implement UNSC Recommendations

Meet Users Needs and reach out to Users

Meet Global Demand for PPP-adjusted Statistics

Objectives and Strategies for 2011 Round

Objectives

PPP results at regional level for 2011

PPP results at global level for 2011Main results

Improved GDP expenditures statistics

Improved methodologies Learning material and ICP book

ICP Data Quality Framework

ICP software suite

ICP databases and metadata repositories

Other results


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5

1. Outreach focus2. An ICP quality assurance framework

3. Statistical capacity building

4. An ICP Book titled Measuring the Size of theWorld Economy

5. A National Accounts framework for ICP

6. A system of economic validation of price and

expenditure data

7. Linking Regions through Global Core ListApproach

A ROUND OF INNOVATIONS &IMPROVEMENTS


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II

Governance Structure

6


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OECD-EUROSTAT

ICPGovernance

Structure

UNSC

Executive Board

Global Office:Global Manager

+Staff

World Bank

TAG

AfDB ADB CIS ECLAC ESCWAOECD E/STAT

Countries

RegionalAdvisoryBoards

7


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AfDB ADB CIS ECLAC ESCWA

ICP Global Office at World Bank

PRICES&

GDPEXP.

OECD -EUROSTATPPPS + COREPRICES

Country Participation and Flow of Data

GlobalPPPS

CORE

PRICES

+

REGIONAL

PPPs

52 Countries 28 Countries 11 Countries 14 Countries

PRICES&

GDPEXP.

PRICES&

GDPEXP.

PRICES&

GDPEXP.

PRICES&

GDPEXP.

PRICES&

GDPEXP.

48 Countries 33 Countries

OECDEUROSTAT

More than 180 Countries


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III

Program Implementation

9


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10

Main Program Areas

` UseExistin

g

Methods

Improve

Implementatio

nTools

DevelopN

ew

Method

Develop

GlobalCor

e

List

Data&

Metadata

Process

Quality

Framewor

k

1. Main price survey

2. Compensation of employees3. Public health services

4. Private health services

5. Pharmaceutical products

6. Public education services

7. Private education

8. Housing

9. Equipment

10. Construction

11. GDP Expenditures


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11

400-800Household

Items

5-10 HousingServices

100 Healthgoods &Services

100Equipment

5-20EducationServices

20

GovernmentOccupations

20Construction

Items

Q1 Q2 Q3 Q4

Q3

Q2

Q4

Q4

Q3

Q4

IntraCountry

Validation

AnnualNationalAverage

Prices

Country Activities: Price Surveys in 2011


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100 HouseholdCons. Basic

Headings [BH]

Housing BHs

Health BHs

Equipment BHs

Education BHs

Government BHs

Construction BHs

Country Activities: Estimation of GDPExpenditures

NPISH BHs

Other GDPcomponents BHs

Review GDPClassification

IdentifyData Sources

ImplementCommodityFlows where

possible

Estimate GDP &MainAggregates

Carry out N.A.work for

comparison

resistant areas

Developvector of 2011

GDPexpenditures

12


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Household

Housing

Health

Equipment

Education

Government

Construction

Regional Level: PPP Computation

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Annual NationalAverage Prices

Regional Basic

Heading PPPs

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RegionalAggregated

PPPs

All countries ina region




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14

Household

Construction

Global Core List Approach

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Annual NationalAverage Pricesfor Global CoreItems

Global BasicHeading PPPs

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CalibrationFactors

All countries inthe world



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Regional Basic

Heading PPPs

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Global PPPs



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IV

Research Agenda

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Research Activities

10 TOPICS STATUS1 Owner-occupied housing Will be decided on June 10

2 Financial services Adopted

3 Measurement of government outputs Will be decided on June 10

4 Survey frameworks Will be decided on June 105 Exports, imports & net purchases abroad Adopted

6 Linking regional PPPs into global results Ongoing research

7 Construction PPPs Will be decided on June 10

8 PPP-based poverty analysis Ongoing research

9 Back-casting and PPP revisions Will be decided on June 10

10 Sub-national PPPs Ongoing research


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V

Timetable

17


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3. Capacity Building

2010 2011 2012 2013

ICP 2011 Timetable

1. Fund Raising

2. Meetings

2014

4. Quality Assess.

5. Methodologies

6. Survey Prep.

7. Survey Implement.

8. Nat. Accounts

9. Regional Results

10. Global Results


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The 2011 ICP at the Global Level

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