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Macroeconomic Statistics

Compiling Natural Resources in National Accounts (ANR)

Invitation

Session No.: JV 19.53

Location: Vienna, Austria

Date: November 18-22, 2019 (1 week)

Primary Language: English

Interpretation Language: Russian

    Target Audience

    Country officials from the Finance Ministries, Central Banks, and Statistical Offices responsible for compiling national accounts in MNRW eligible countries in the region.
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    Qualifications

    Some experience and knowledge of country compilation practices for national accounts. While not essential, some knowledge of the 2008 SNA would be helpful.
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    Course Description

    The management of natural resources is an important function of government, and statistics are needed to support analysis of the macroeconomic impacts of natural resources and the formulation of an appropriate macroeconomic policy mix. Fluctuations in government revenues, exports, employment, and national income caused by changes in the output and prices of natural resources have major macroeconomic and fiscal implications. Sound policymaking when such risks are present requires reliable, timely, and complete coverage of relevant activity in the national accounts and analytical measures to assess the macroeconomic effects. This regional workshop aims to ensure national accounts data are compiled with comprehensive and technically sound data for natural resources. It will also support compilation of the National Accounts Template Tables specified by the Guide to Analyze Natural Resources in the National Accounts.
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    Course Objectives

    Provide the necessary knowledge and practical experience to apply the System of National Accounts, 2008 (2008 SNA) to compile comprehensive and technically sound national accounts for natural resources; complete the National Accounts Template Tables for natural resources to support the EITI's summary data template.
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