Balance of Payments and International Investment Position Statistics - Intermediate

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Canonical URL: Balance of Payments and International Investment Position Statistics - Intermediate

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.
Qualifications:
- Participants are expected to have a degree in economics or statistics and at least two years of relevant compilation experience or should have completed the Online Balance of Payment and International Investment Position (BOP-IIPx) course.

Aim:
- Provide a deep understanding of the concepts, data sources and compilation techniques for balance of payments (BOP) and international investment position (IIP) statistics.
Standards and focus:
- Focuses on 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).
- Intermediate level presupposes participants' familiarity with the basic concepts.
Format and pedagogy:
- Series of lectures and workshops analyzing country cases with a strong data component.
- Designed to allow peer learning and sharing of experiences.
Thematic coverage:
- Challenges in compiling data in emerging areas of user interest, such as the identification of goods traded within global manufacturing arrangements and digital trade.
- Examination of themes and challenges emerging from developments in the global economy and discussion of their impact on compilation work.
- Specific exercises geared to integrate data compilation with Fund surveillance and policy advice; and to demonstrate the analytical uses in BOP and IIP statistics.

Upon completion of the course, participants should be able to:
- Apply knowledge gained in dealing with complex methodological and compilation issues related to BOP and IIP statistics;
- Identify potential data sources and compilation techniques to improve the coverage of activities emerging from globalization;
- Describe the analytical uses of BOP and IIP statistics.