Fourth Review of the Fund's Data Standards' Initiatives Supplement on the Data Quality Assessment Framework
July 10, 2001

Reviews of the Fund's Data Standards' Initiatives




Fourth Review of the Fund's Data Standards' Initiatives

Prepared by the Statistics Department and the Policy Development and Review Department

In consultation with other departments

July 10, 2001

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Contents

Executive Summary

Glossary

  1. Introduction and Scope of the Fourth Review

  2. The SDDS
    1. Observance and Monitoring
    2. Enhanced Cooperation with Subscribers
    3. Implementation Issues
         External Debt Data Category
         International Investment Position Data Category
         Data Template on International Reserves and Foreign
            Currency Liquidity

  3. The GDDS
    1. Participation in the GDDS
    2. Implementation Issues

  4. Evolution and Adaptation of the Data Standards
    1. Data Standards, Data Quality, and the Report on Observance of Standards and Codes (ROSC)
         Methodology to Assess Data Quality 25
         Relationship Between the Data Dissemination Standards
            and the Methodology for Assessing Data Quality
         Evolution of the ROSC Data Module
    2. Collaboration with Other International Organizations
    3. Role of Technology in Enhancing the DSBB
    4. Future Developments
         Macroprudential Indicators (MPIs)
         Inflation Targeting: Statistical Implications
         Impact of New Manuals
         Next Review

  5. Issues for Discussion
    1. Concerning Nonobservance of the SDDS
    2. Concerning User Feedback on the Fund's Data Standards Initiatives
    3. Concerning the Template on International Reserves and Foreign Currency Liquidity
    4. Concerning the Data Quality Assessment Framework and the Revised Structure of the ROSC
    5. Concerning the Timing of the Next Review of the Fund's Data Standards' Initiatives Including the Review of MPIs in the SDDS

Tables

  1. IMF's Data Standards' Initiative--SDDS and GDDS Indicators
  2. Monitoring of Observance of the SDDS, July 2000-March 2001.
  3. Reports on Observance of Standards and Codes (ROSCs)--Data Modules

Boxes

  1. Background Information on the Fund's Data Standards
  2. Monitoring of Observance and Dealing with Nonobservance
  3. The External Debt Category for the SDDS and GDDS
  4. Regional Seminars on External Debt Statistics
  5. SDDS Transition Periods

Appendices

  1. Executive Board Discussions on the Fund's Data Standards' Initiatives and Related Topics: Key Conclusions
  2. Status of the SDDS: Observance, NSDP, Reserves Template
  3. GDDS: Participating Countries
  4. The Data Dimension of the GDDS for the Socio-Demographic Sector
  5. SDDS Subscribers: Compilation and Dissemination of MPIs and Components of MPIs