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Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.
Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
This 2018 yearbook issue of International Financial Statistics (IFS) is a standard source of statistics on all aspects of international and domestic finance. The IMF publishes calculated effective exchange rates data only for countries that have given their approval. The country, euro area, and world tables provide measures of effective exchange rates, compiled by the IMF’s Research Department, Statistics Department, and area departments. The real effective exchange rate index in line rec is derived from the nominal effective exchange rate index, adjusted for relative changes in consumer prices. Consumer price indices, often available monthly, are used as a measure of domestic costs and prices for these countries.
This handbook issued by the IMF is primarily intended for users of the IMF's direction of trade database. The guide describes the collection, compilation, and dessemination of statistics on exports and imports by partner country. National compilers of statistics on trade by country may also derive some benefit from the Guide.
Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
The Direction of Trade Statistics yearbook, usually published in September, contains data on the value of merchandise exports and imports between each country and all its trading partners. The Yearbook provides seven years of data for 183 countries and two sets of world and area summaries: world and area trade as seen by the reporting countries, and as seen by the partner countries to those transactions.
A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both ...
The publication provides recommendations on the concepts, definitions, classifications, data sources, data compilation methods, approaches to data quality assessment, metadata and dissemination policies applicable in distributive trade statistics. The recommendations also cover some specific topics that have been identified as requiring additional guidance such as the treatment of informal sector units, compilation of indices of distributive trade and seasonal adjustment. The information is consistent with those issued in other fields of economic statistics and has been harmonized with the System of National Accounts 2008 (2008 SNA).
International Trade Statistics 2015 provides a detailed overview of the latest developments in world trade, covering both merchandise and services trade as well as trade measured in value-added terms. A key developments section at the start of each chapter uses charts and maps to illustrate the most important trends. More detailed data are provided in a variety of tables covering specific aspects of world trade up to the end of 2014. A chapter on methodology explains how the data are compiled. International Trade Statistics 2015 serves as an invaluable reference tool for researchers, policymakers, and anyone interested in international trade.
This publication contains updated recommendations on methodology for compiling international merchandise trade statistics adopted by the United Nations Statistical Commission in March 1997. These recommendations are an essential references for trade statistics analysis and understanding. They take into account new developments in international trade, national practices of data compilation, new international agreements regarding customs procedures, and previously adopted revisions of methodology of national accounting and balance of payments statistics. They address basic issues such as coverage of statistics and time of recording, trade system, commodity classifications, valuation, quantity measurement, partner country, and reporting and dissemination. The publication also contains detailed lists of goods to be included and excluded from imports and exports; two tables which make it possible to determine, at a glance, how various categories of goods are treated in both the general and the special trade systems; and linkages between statistical concepts and international conventions regarding trade matters.