Nowcasting Real Gdp In Samoa

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Nowcasting Real Gdp In Samoa

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Author : Mr. Geoffrey M Heenan
language : en
Publisher: International Monetary Fund
Release Date : 2025-05-16

Nowcasting Real Gdp In Samoa written by Mr. Geoffrey M Heenan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-05-16 with categories.

This paper describes the recent work to strengthen the nowcasting capacity at the Central Bank of Samoa (CBS). It compiles available high-frequency datasets such as tourism receipts, agriculture market survey, remittances, among others, to nowcast real GDP in Samoa. Nowcasting enables the estimation of the present and near-term forecast. It employs standard nowcasting methods such as Bridge, Mixed Data Sampling (MIDAS), and Unrestricted MIDAS (U-MIDAS). All methods significantly outperform the naive forecasts. Our analysis show that forecast combination of the three methods minimizes the root mean squared error (RMSE) for both full and pre-COVID-19 samples, while U-MIDAS performs better during crises, particularly in identifying turning points during the COVID-19 pandemic. Strengthening nowcasting capacity is important for Samoa, where real GDP data release experiences up to a 90-day lag.

Panel Nowcasting For Countries Whose Quarterly Gdps Are Unavailable

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Author : Omer Faruk Akbal
language : en
Publisher: International Monetary Fund
Release Date : 2023-08-04

Panel Nowcasting For Countries Whose Quarterly Gdps Are Unavailable written by Omer Faruk Akbal and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-04 with Business & Economics categories.

Quarterly GDP statistics facilitate timely economic assessment, but the availability of such data are limited for more than 60 developing economies, including about 20 countries in sub-Saharan Africa as well as more than two-thirds of fragile and conflict-affected states. To address this limited data availablity, this paper proposes a panel approach that utilizes a statistical relationship estimated from countries where data are available, to estimate quarterly GDP statistics for countries that do not publish such statistics by leveraging the indicators readily available for many countries. This framework demonstrates potential, especially when applied for similar country groups, and could provide valuable real-time insights into economic conditions supported by empirical evidence.

Poverty In Guatemala

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Author :
language : en
Publisher: World Bank Publications
Release Date : 2004

Poverty In Guatemala written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.

Available evidence suggests that poverty levels in Guatemala are higher than other Central American countries, with data for 2000 showing over half of all Guatemalans (about 6.4 million people) living in poverty, with about 16 per cent classified as living in extreme poverty. This report provides a multi-dimensional analysis of poverty in the country, using both quantitative and qualitative data, as well as examining the impact of government policies and spending on the poor. Policy options and priorities for poverty reduction strategies are identified under the key challenges of building opportunities and assets, reducing vulnerabilities, improving institutions and empowering communities.

Poverty And Shared Prosperity 2018

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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2018-12-20

Poverty And Shared Prosperity 2018 written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-20 with Business & Economics categories.

The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues tomake progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied.But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption.Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor.All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it.For more information, please visit worldbank.org/PSP

Unctad Handbook Of Statistics 2018

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Author : United Nations
language : en
Publisher:
Release Date : 2019-01-30

Unctad Handbook Of Statistics 2018 written by United Nations and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-30 with categories.

The UNCTAD Handbook of Statistics was first launched in 1967. Over the past 50 years, the handbook has evolved to incorporate new statistics and ensure that readers have access to the best possible information available. The 2018 edition of the Handbook continues in this tradition of excellence and innovation. This year edition introduces 'nowcasted' estimates for total merchandised trade, total services trade and Gross Domestic Product..

Cities And Flooding

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Author : Abhas K. Jha
language : en
Publisher: World Bank Publications
Release Date : 2012-02-01

Cities And Flooding written by Abhas K. Jha and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-01 with Business & Economics categories.

Urban flooding is an increasing challenge today to the expanding cities and towns of developing countries. This Handbook is a state-of-the art, user-friendly operational guide that shows decision makers and specialists how to effectively manage the risk of floods in rapidly urbanizing settings--and within the context of a changing climate.

In Search Of Information Use Of Google Trends Data To Narrow Information Gaps For Low Income Developing Countries

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Author : Mr.Futoshi Narita
language : en
Publisher: International Monetary Fund
Release Date : 2018-12-14

In Search Of Information Use Of Google Trends Data To Narrow Information Gaps For Low Income Developing Countries written by Mr.Futoshi Narita and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-14 with Business & Economics categories.

Timely data availability is a long-standing challenge in policy-making and analysis for low-income developing countries. This paper explores the use of Google Trends’ data to narrow such information gaps and finds that online search frequencies about a country significantly correlate with macroeconomic variables (e.g., real GDP, inflation, capital flows), conditional on other covariates. The correlation with real GDP is stronger than that of nighttime lights, whereas the opposite is found for emerging market economies. The search frequencies also improve out-of-sample forecasting performance albeit slightly, demonstrating their potential to facilitate timely assessments of economic conditions in low-income developing countries.

Population Dynamics And Climate Change

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Author : José Miguel Guzmán
language : en
Publisher: UN
Release Date : 2009

Population Dynamics And Climate Change written by José Miguel Guzmán and has been published by UN this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Law categories.

This book broadens and deepens understanding of a wide range of population-climate change linkages. Incorporating population dynamics into research, policymaking and advocacy around climate change is critical for understanding trajectory of global greenhouse gas emissions, for developing and implementing adaptation plans and thus for global and national efforts to curtail this threat. The papers in this volume provide a substantive and methodological guide to the current state of knowledge on issues such as population growth and size and emissions; population vulnerability and adaptation linked to health, gender disparities and children; migration and urbanization; and the data and analytical needs for the next stages of policy-relevant research.

Country Economic Review

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Author :
language : en
Publisher:
Release Date : 1998

Country Economic Review written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Economic forecasting categories.

Samoa

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Author : International Monetary Fund. Asia and Pacific Dept
language : en
Publisher: International Monetary Fund
Release Date : 2013-06-14

Samoa written by International Monetary Fund. Asia and Pacific Dept and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-14 with Business & Economics categories.

Samoa was hit hard by a strong tropical cyclone, and the authorities are to be commended for their swift response to the resulting disaster. Economic growth this fiscal year is expected to be significantly lower than projected prior to the cyclone, but there are encouraging signs of early recovery. The need is to aim the fiscal strategy at securing sufficient resources while minimizing borrowing. With subdued inflationary pressures and the need to support the recovery, monetary policy should remain accommodative.