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International Comparison Program Overview and Status

International Comparison Program Overview and Status. Fred Vogel, Global Manager ICP, World Bank. Workshop Goals. Review Status of Data Collection Understand work plan/time table Exec Board’s reporting requirements Need to reconcile diverging schedules Ring Program—work plan—time table

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International Comparison Program Overview and Status

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  1. International Comparison Program Overview and Status Fred Vogel, Global Manager ICP, World Bank

  2. Workshop Goals • Review Status of Data Collection • Understand work plan/time table • Exec Board’s reporting requirements • Need to reconcile diverging schedules • Ring Program—work plan—time table • Housing, Health, Education, Gov’t, FCF • Work plan—time table--methodology • Tool Pack • Executive Board issues and direction • Advocacy--Poverty

  3. Executive Board issues for Discussion • Progress report to donors • Minimum standards for data quality • Working paper on Fixity • Publication Policy • Policy regarding access to • List of products and their specifications • Individual product price observations • Regional National annual average prices by product (also Ring)

  4. New or Updated Material • Chapter 8 revised Government services • Chapter 10—Basic Heading Parities • Chapter 11—The Ring program • Chapter 12—Housing and questionnaire • Papers available • Equipment and Questionnaire • Construction

  5. Data Collection Status • Concerns • Readiness for all items • Time required from getting funding/ and start of data collection • Keeping informed • Executive Board direction • Agree on reporting process

  6. Management Principles • You cannot manage what you do not know. • If you do not know what you do not know, you are in deep trouble • If you come to a fork in the road, take it? Management requires having a road map with alternative routes.

  7. Strategy • Define Readiness-start-finish • Identify warning signs • Process to deal with problems • Survey-collection-time table • Data quality—minimum standards • Cut-off date for start of data collection

  8. Understanding Readiness

  9. Readiness-Start-Finish • Readiness • Product specs being completed • Translated • Outlets identified • Price collectors recruited trained supervised • Start--Monthly—Quarterly by aggregate • Scope—Cap City—Nationwide? • Data Submission—Schedule • Data Submission—raw vs. averages • Finish—Regional sign-off BH prices PPPs

  10. Warning Signs • Product specs not finalized • Data collection—starting by category • Data submission—ASAP and schedule • Data Quality—standards • #products--#observations • Variability in observations • Timing, availability • Variability in PPPs

  11. Fall back considerations • Identify “Essential” Countries • Monitor closely/keep global office informed • Provide/request assistance • Identify data to “move” to 2005 annual • Capital city vs. National & data to estimate • Reduce scope Consumption vs GDP in non essential countries • Cut-Off date for data collection—Make judgement on 1 July whether third quarter data can be supplied and how to proceed in non core countries • 0,0, zero third quarter—stage 2 • 0,0, data third quarter—Make judgement,take actions in non core countries

  12. Access • Product specifications • Individual price observations • Average product prices • Urban/rural • outlet • Who has access?

  13. Data Quality Standards • Within Country • Number of products Priced by basic heading • Number of price observations—time and space • Variability of item prices--outliers • Between country • Number of products—depends on BH, situation • Consistency/ variability of price ratios • Consistency/variability of PPPs

  14. Step 7 (a) Compute Basic Heading Parity—simple example

  15. Comparison of Parities

  16. Readiness-Start-Finish • Has data collection Started by country? • Product specs being completed • Yes, DK, When? • Waiting for funds • Price collectors-how long before ready? • Monthly—Quarterly? • Scope—Cap City—Nationwide? • Data Submission—Schedule? • Data Submission—raw vs. averages

  17. Necessary steps • Identify “essential” countries • Monitor closely/keep global office informed • Provide/request assistance • Warning signs • Data collection—when starting by Basic heading • Submission of data • Data quality—number of products--number of observations—degree of variability—coverage of outlets--regions • Response to questions and problems

  18. Different collection schedules • 2005 is the reference year • Joint responsibility • Countries within region on track • Regions on track • Cut-off date for data collection to meet publication goals

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