## 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](https://www.imf.org/en/publications/wp/issues/2016/12/31/g-20-data-gaps-initiative-ii-meeting-the-policy-challenge-43760)

## Other formats

- [Markdown version](/en/publications/wp/issues/2016/12/31/g-20-data-gaps-initiative-ii-meeting-the-policy-challenge-43760/index.md)
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## 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

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### 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

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## Content in this bundle

- **1. DGI Recommendations**
  - [1. DGI Recommendations (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2016/_wp1643.pdf.md){rel="alternate" type="text/markdown"}
  - [1. DGI Recommendations (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2016/_wp1643.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/g-20-data-gaps-initiative-ii-meeting-the-policy-challenge-43760_