Modernizing Economic Statistics: Why It Matters
National Institute Economic Review No. 234 November 2015
Posted: 26 Jan 2016
Date Written: November 1, 2015
Independent and reliable official statistics are a public good in democratic, information-based economies. It is important for the public to be able to use statistics to make sense of the changes they know from experience and from the media to be taking place in their societies. The digital changes under way in advanced economies make it essential for economic statistics can catch up with the emerging structure of the economy the economy.
Keywords: statistics, national accounts
JEL Classification: A10, E01, O30
Suggested Citation: Suggested Citation