{
  "title": "A Monthly Indicator of Economic Growth for Low Income Countries",
  "publication": "IMF Working Papers, January 17, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2020/01/17/a-monthly-indicator-of-economic-growth-for-low-income-countries-48929",
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  "summary": "Monthly economic indicators support policy analysis of current economic developments and forecasting. This paper presents an overview of the data and statistical requirements to develop those indicators taking into account resource constraints that LIC typically face.",
  "sections": [
    {
      "heading": "Overview and purpose",
      "content": "- Presents an overview of the data and statistical requirements to develop monthly economic indicators for low income countries (LICs), taking into account resource constraints that LICs typically face.\n- Reviews statistical procedures for developing these indicators under the System of National Accounts.\n- Proposes a general procedure to derive a monthly composite indicator of economic growth in low income economies.\n- Emphasizes the role of monthly indicators to support policy analysis of current economic developments and forecasting."
    },
    {
      "heading": "Key findings and contributions",
      "content": "- Identification of data and statistical requirements tailored to LIC resource constraints.\n- Review of applicable statistical procedures consistent with the System of National Accounts.\n- Proposal of a general procedure to construct a monthly composite indicator of economic growth for LICs.\n- Positioning monthly indicators as tools for improved short-term economic monitoring and forecasting."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects: Business cycles, Economic and financial statistics, Economic growth, National accounts, Production, Production index\n- Keywords: business cycle indicators start, Business cycles, consumer confidence, Economic activity, economic activity indicator, electricity production, employment statistics, estimate, GDP, high frequency economic activity measure, high-frequency indicator, indicator, MIEG, price statistics, Production index, quarterly economic activity indicator, report production indexes to the IMF, statistics, System of National Accounts, trend-cycle estimate, WP\n\n---\n\n Content in this bundle\n\n- Working Paper\n  - Working Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Working Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2020/01/17/a-monthly-indicator-of-economic-growth-for-low-income-countries-48929"
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    "Authors: Michael Stanger",
    "Published: January 17, 2020",
    "Series: IMF Working Papers",
    "Presents an overview of the data and statistical requirements to develop monthly economic indicators for low income countries (LICs), taking into account resource constraints that LICs typically face.",
    "Reviews statistical procedures for developing these indicators under the System of National Accounts.",
    "Proposes a general procedure to derive a monthly composite indicator of economic growth in low income economies.",
    "Emphasizes the role of monthly indicators to support policy analysis of current economic developments and forecasting.",
    "Identification of data and statistical requirements tailored to LIC resource constraints.",
    "Review of applicable statistical procedures consistent with the System of National Accounts.",
    "Proposal of a general procedure to construct a monthly composite indicator of economic growth for LICs.",
    "Positioning monthly indicators as tools for improved short-term economic monitoring and forecasting.",
    "Subjects: Business cycles, Economic and financial statistics, Economic growth, National accounts, Production, Production index",
    "Keywords: business cycle indicators start, Business cycles, consumer confidence, Economic activity, economic activity indicator, electricity production, employment statistics, estimate, GDP, high frequency economic activity measure, high-frequency indicator, indicator, MIEG, price statistics, Production index, quarterly economic activity indicator, report production indexes to the IMF, statistics, System of National Accounts, trend-cycle estimate, WP",
    "**Working Paper**"
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