Public statistics on the G20 agenda

The Data Gaps Initiative Meeting brought together in Buenos Aires top experts from around the world.

Public statistics are on the G20 Finance Track agenda. Experts in the field from around the world met yesterday and today in Buenos Aires to put together recommendations for the data collection agencies of G20 members.

In addition to the representatives of every country, also participating at the CCK were Stefan Schweinfest, Director of the United Nations Statistics Division (UNSD); Martine Durand, Chief Statistician of the Organization for Economic Cooperation & Development (OECD); and Louis Marc Ducharme, Director of the Statistics Department of the International Monetary Fund (IMF).

The meeting began yesterday at 9am with opening remarks from Jorge Todesca, Director of the Argentine National Institute of Statistics & Censuses (INDEC). He highlighted the importance of the event and INDEC’s 50th anniversary on 31 January.

Technical working meetings continued throughout the day yesterday and until 1pm today. At 2.30pm, Louis Marc Ducharme (IMF) moderated the panel on “The role of official statistics in the face of the challenge of data revolution”. Panellists included Martine Durand (OECD); Bruno Tissot, Head of Statistics & Research Support at the Bank of International Settlements (BIS); and Roberto Olinto, President of the Brazilian Institute of Geography & Statistics (IBGE).

At 4pm began a new panel on “Changing times: Effective strategies for the modernisation of national statistical systems”, with Stefan Schweinfest (UNSD), Giorgio Alleva, President of the Italian National Institute of Statistics (Istat); and Enrique de Alba Guerra, Vice President of the Mexican National Institute of Statistics & Geography (INEGI).

 

About Data Gaps

Data Gaps is a G20 initiative created in the aftermath of the global financial crisis of 2008 to improve the availability and comparability of economic and financial data. In April 2009, G20 finance ministers and central bank governors called on the IMF and the Financial Stability Board (FSB) to identify the main weaknesses vis-à-vis economic and financial data. In September of that year, the IMF and FSB presented a report which would set up the Data Gaps Initiative (DGI), with recommendations for the coming years. The DGI is comprised of two phases, DGI-1 and DGI-2, each with twenty recommendations.

The Finance Track of the G20 is responsible for the initiative, which under the Argentine presidency is coordinated by the Argentine Ministry of the Treasury, the Central Bank, and INDEC.

 

About the G20

The G20 started out in 1999 as a meeting of finance ministers and central bank governors. In 2008, amidst the global financial crisis, it evolved into what it is today: a major forum that seeks to develop global policies to address today’s most pressing issues. The G20 summits are attended by the heads of state and government of 19 of the world’s leading economies and the EU. Together, the G20 members represent 85% of global GDP, two-thirds of the world’s population and 75% of international trade.