Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out

Crisis

VIEWS: 9 PAGES: 6

									     Crisis

The OECD Perspective




                       1
        Consumer Confidence and the Crisis
                                         OECD Area
  110
        2nd oil                   Gulf     ERM       Emerging    Dot 11       2008
         crisis                   war      crisis     markets   Com Sep     financial
                                                       crisis   crash 01      crisis
  105



  100



   95



   90



   85




Consumer confidence in the OECD Area has shown continuous improvement since February
2009 which was a record low since the series began in 1978. Confidence levels remain
historically low however.




                                                                                    2
                STES and the Crisis…
   International Seminar on Timeliness, Methodology and
    Comparability of Rapid Estimates of Economic Trends. 27-29
    May, Ottawa, Canada.
   Inter-Agency Group on Economic and Financial Statistics.
   IMF-Financial Stability Board Users Conference, Washington,
    July 8-9. Session 1 – Financial crisis and data gaps.
   ISI IPM90 – The role of official statistics in meeting global
    challenges. Durban, South Africa (16-22 August).
    ---------
   Conference of European Statisticians 2010 Plenary Session.
    The impact of the global crises on statistical systems. Seminar
    and Session organisers: IMF, OECD, Netherlands. Proposed
    papers: Bulgaria, France, Netherlands, New Zealand, WTO.


                                                                  3
                 Possible Crisis Pattern




What statistics are covered by STESEG? Opportunity?




                                                      4
            OECD Horizontal Group

   Financial, Economic and Social
   Mid-February – brainstorming meeting with all OECD
    Directorates (organised by Statistics Directorate)
   Proposals for future work
   March 2009; two internal workshops organised –
    social statistics, and trade/globalisation
   Focus on highlighting the available data and using
    visualisation tools e.g. business clock
   Horizontal group established

                                                    5
              Where to for STESEG?

   Is this an area the STESEG can or wants to become
    involved in?

   If the answer to this question is ‘Yes’, then:
    – Methodological e.g. seasonal adjustment etc?
    – Data; for example producing a publication that shows all the
      STES data that was/is available?
    – International coordination?
    – New statistics e.g. house prices?



                                                                6

								
To top