Adjustment Policies and Development Strategies in the Arab World: Papers Presented at a Seminar held in Abu Dhabi, United Arab Emirates, February 16-18, 1987
September 15, 1987
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This Selected Issues paper discusses the assessment of economic activity in Togo in absence of quarterly GDP series. Togo collects about 40 macroeconomic indicators monthly that span a wide range of sectors of the economy. The selection of the variables for the economic activity index is conducted by finding the combination of variables. The indicators are aggregated into an index using a methodology used by the Conference Board. Then an economic activity index is constructed that effectively replicates the historical growth rates of real GDP in Togo. The selected index minimizes the deviations between the growth rates of the indicator and actual real GDP growth over 2002–13.
Subject: Banking, Economic sectors, Exports, External debt, Foreign exchange, Imports, International trade, Public sector
Keywords: adjustment policy, adjustment policy evaluation, BOOK, Caribbean, creditor country, East Africa, East Asia, Exports, Global, Imports, investment rate, Maghreb, Middle East, Public sector, Riyadh, Riyadh, Saudi Arabia m., Saudi Arabia m., structural adjustment
Pages:
215
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Books
Stock No:
APDSEA0000000
ISBN:
9780939934966
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