G-20 Data Gaps Initiative II: Meeting the Policy Challenge

IMF Working Papers, March 1, 2016

Source details

Canonical URL

G-20 Data Gaps Initiative II: Meeting the Policy Challenge

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Authors: Robert M Heath, Evrim Bese Goksu
• Published: March 1, 2016
• Series: IMF Working Papers
• DOI: https://doi.org/10.5089/9781513530246.001

Summary

• The G-20 Data Gaps Initiative (DGI) aimed at addressing the information needs revealed by the 2007/2008 global financial crisis.
• DGI concluded its first phase and started a second phase (DGI-2) with the endorsement of G-20 Finance Ministers and Central Bank Governors in September 2015.
• DGI-2 recommendations maintain the continuity of DGI-1 but, reflecting evolving policy needs, focus more on datasets that support:
  • the monitoring of risks in the financial sector, and
  • the analysis of the inter-linkages across the economic and financial systems.
• The paper presents the DGI as an overarching initiative that brings together various statistical frameworks to provide a complete picture of the economic and financial system to support policy makers.

Major themes and analysis

• Continuity and evolution:
  • DGI-2 maintains continuity with DGI-1 while shifting emphasis toward datasets for financial risk monitoring and cross-system inter-linkage analysis.
• Scope:
  • The initiative integrates multiple statistical frameworks to support policymaking concerning the economic and financial system.
• Focus areas:
  • Monitoring of risks in the financial sector.
  • Analysis of inter-linkages across economic and financial systems to inform surveillance and policy responses.

Subjects and keywords

• Subjects:
  • Commercial banks
  • Economic and financial statistics
  • Economic sectors
  • Financial institutions
  • Financial sector
  • Financial sector policy and analysis
  • Financial sector stability
  • Financial statements
  • Government finance statistics
  • Public financial management (PFM)
  • Shadow banking
• Keywords:
  • CDS market
  • Commercial banks
  • cross-border interconnectedness
  • data gaps
  • data standard
  • DGI
  • DGI framework
  • DGI project
  • DGI recommendation
  • economy
  • financial interconnections
  • financial sector
  • Financial sector stability
  • Financial statements
  • G20 industrial nations
  • Global
  • global financial crisis
  • global financial system
  • Government finance statistics
  • IMF CDIS
  • IMF managing director's action plan
  • IMF paper
  • market
  • market complexity
  • regulation
  • securities financing market
  • short-term debt
  • surveillance
  • WP

Content in this bundle

• 1. DGI Recommendations
  • 1. DGI Recommendations (Markdown version)
  • 1. DGI Recommendations (PDF)