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This report provides findings from the baseline assessment study conducted by CARICOM to assess the institutional capacity for implementing the System of National Accounts (SNA) in the region. The study covers various aspects including surveys, organizational charts, staff strength, statistics acts, work programs, long-term plans, and technical assistance required and received.
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ASSESSMENT OF INSTITUTIONAL CAPACITY IN THE REGION SEMINAR ON THE IMPLEMENTATION OF THE SYSTEM OF NATIONAL ACCOUNTS (SNA) 2008 ST. JOHNS, ANTIGUA AND BARBUDA 14 - 16 JUNE 2010 CARICOM
BASELINE ASSESSMENTSTUDY CARICOM CCS convened a meeting of Economic Statistics Experts (April 2009), to assess methods in production and compilation of key economic statistics. The meeting and findings supported a baseline assessment by the Economic Statistics Expert Consultant.
BASELINE ASSESSMENTSTUDY Cont’d CARICOM • Prior to convening the meeting, a wide range of data was requested, including: 1. Surveys conducted 2. Org Chart and Staff Strength 3. Statistics Acts 4. Work Programmes 5. Long Term Plans 6. Publications 7. Technical Assistance required and received
BASELINE ASSESSMENTSTUDY Cont’d CARICOM Metadata on: • National Accounts Estimation • Supply and Use Tables (SUT) Methodology • Mechandise Trade • Tourism Satellite Accounts (TSA) Methodology • Prices • Production Indices
ASSESSMENT SUMMARY CARICOM • High submission rate: • ‘List of Surveys’: 12/15 Member States • ‘Organisational Chart and Staff Strength’: 11/15 Member States. • Approximate 50% submission rate: • Metadata on National Accounts methodology: 8/15 Member States • Statistics Acts: 8/15 Member States
ASSESSMENT SUMMARY Cont’d CARICOM • Poor submission rate: • Metadata on: • GDP/Value Added by Industry (Current and Constant Prices) - only 1/15 Member States • Expenditure on GDP (Constant Prices) - 0/15 Member States • TSA Methodology - only 1/15 Member States • Production Indices - 0/15 Member States
ASSESSMENT:COUNTRY FINDINGS CARICOM • Best Cases: Jamaica, Trinidad & Tobago, Bahamas • Jamaica: 23 staff members in NA (14 statisticians) , good inter-institutional relationships, • Trinidad and Tobago: 20 persons in the NA, (10 professionals), approx 40 staff members in Economic Statistics • The Bahamas: good system in place (7 members of staff in NA, 15 statisticians in Economic Statistics), a good planning and resource allocation system in place.
ASSESSMENT:COUNTRY FINDINGSCont’d CARICOM • Improving cases: Barbados, Suriname, Belize • Barbados: long-term TA delivered to transfer to SNA 93, and an improved inter-institutional environment, • Suriname: commenced a major data development programme, including extensive TA, and expression of a longer term statistical development programme • Belize: TA provided to improve production of National Accounts estimates, questions still surrounds the sustainability of resources introduced and ability to introduce new improvements
ASSESSMENT:COUNTRY FINDINGS Cont’d CARICOM • Special cases: OECS, Haiti, Guyana • OECS: concepts, methodology and analysiscarried out by ECCB, countries focus on collection of data and tabulating procedures following a standardized format. • Notably, St Lucia uses own adaptations of the standardized questionnaires, and compiles, analyzes and disseminates its own data. • Haiti: the 1993 SNA was introduced with TA, developmental work stalled because of the instability of the situation in the country.
ASSESSMENT:COUNTRY FINDINGS Cont’d CARICOM • Special cases: OECS, Haiti, Guyana • Guyana: no sustained economic surveys in place with uncertain plans for development, major obstacles to improvement : lack of continuity of work and sustainability of resource inputs.
Thank you for your attention! CARICOM