The General Data Dissemination System (GDDS) - A Reflection on its First 12 Years and Plans for Taking it Forward

14 Pages Posted: 5 Jan 2010

See all articles by Charles Enoch

Charles Enoch

International Monetary Fund (IMF)

Robin D. Kibuka

International Monetary Fund (IMF)

Date Written: December 2009

Abstract

The paper reviews the developments in the last 12 years that have influenced the evolution of the IMF's General Data Dissemination System, leading to reforms to enhance its role. The GDDS itself is part of a broader IMF Data Standards Initiative launched in 1996 to help address macroeconomic data deficiencies, which contributed to the emerging economies' financial crisis during the early 1990s. The review takes stock of the experience with statistical technical assistance provided to member countries and the ongoing reforms, within and outside the IMF, to strengthen the GDDS. Such reforms are particularly relevant in the context of the ongoing economic and financial crisis, which once again underscores the role of statistics in guiding policymakers to strengthen defenses against future crises.

Keywords: Access to capital markets, Data quality assessment framework, Emerging markets, Financial crisis, Fund role, General Data Dissemination System, Special Data Dissemination Standard, Standards and codes, Statistics, Technical assistance

Suggested Citation

Enoch, Charles and Kibuka, Robin D., The General Data Dissemination System (GDDS) - A Reflection on its First 12 Years and Plans for Taking it Forward (December 2009). IMF Working Paper No. 09/278, Available at SSRN: https://ssrn.com/abstract=1531511

Charles Enoch (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Robin D. Kibuka

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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