IMF: policymakers benefit from data standards initiatives
An IMF paper published in September shows participation in the IMF's data standards initiatives improves the statistical quality of forecasts for the IMF's World Economic Outlook report and provides policymakers with more accurate data to make decisions.
Mico Mrkaic, the author, uses a data set based on the spring and the autumn World Economic Outlook reports from 1999 to 2007 to monitor real GDP growth rates and CPI inflation forecasts to analyse the effects of IMF member countries'
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