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The 2011 ICP at the Global Level

•Michel Mouyelo-Katoula
•Global Manager

•International Comparison Program


Outline

I Objectives & Innovations


II Governance Structure
III Program Implementation
IV Research Agenda
V ICP 2011 Timeframe

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I

Objectives & Innovations

3
Objectives and Strategies for 2011 Round

 Implement UNSC Recommendations


Objectives
 Meet Users’ Needs and reach out to Users
 Meet Global Demand for PPP-adjusted Statistics

 PPP results at regional level for 2011


Main results
 PPP results at global level for 2011

 Improved GDP expenditures statistics


Other results  Improved methodologies
 Learning material and ICP book
 ICP Data Quality Framework
 ICP software suite
 ICP databases and metadata repositories

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A ROUND OF INNOVATIONS &
IMPROVEMENTS
1. Outreach focus
2. An ICP quality assurance framework
3. Statistical capacity building
4. An ICP Book titled “Measuring the Size of the
World Economy”
5. A National Accounts framework for ICP
6. A system of economic validation of price and
expenditure data
7. Linking Regions through Global Core List
Approach
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II

Governance Structure

6
UNSC
ICP
Governance
Executive Board
Structure
World Bank

Global Office:
Global Manager
+
Staff
Regional
TAG Advisory
Boards
OECD-EUROSTAT

OECD E/STAT AfDB ADB CIS ECLAC ESCWA

Countries

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Country Participation and Flow of Data
Global
ICP Global Office at World Bank
PPPS

REGIONAL
PRICES +
OECD -
EUROSTAT

CORE

PPPs
PPPS + CORE
PRICES

OECD
AfDB ADB CIS ECLAC ESCWA
EUROSTAT
GDP EXP.

GDP EXP.
GDP EXP.

GDP EXP.

GDP EXP.

GDP EXP.
PRICES &

PRICES &

PRICES &

PRICES &

PRICES &

PRICES &
48 Countries 52 Countries 28 Countries 11 Countries 33 Countries 14 Countries

More than 180 Countries 8


III

Program Implementation

9
Main Program Areas

Develop New
Implementatio
Use Existing

Global Core

Framework
Metadata
Methods

Develop
Method

Process
Improve

Quality
Data &
n Tools

List
`

1. Main price survey


2. Compensation of employees
3. Public health services
4. Private health services
5. Pharmaceutical products
6. Public education services
7. Private education
8. Housing
9. Equipment
10. Construction
11. GDP Expenditures
10
Country Activities: Price Surveys in 2011
400-800
Household Q1 Q2 Q3 Q4
Items

5-10 Housing
Services
Q3

100 Health
goods & Intra Annual
Services Q2
Country National
5-20 Validation Average
Education Prices
Services Q4
20
Government
Occupations Q4
100
Equipment Q3
20
Construction
Items Q4 11
Country Activities: Estimation of GDP
Expenditures
100 Household
Review GDP Cons. Basic Identify
Classification Headings [BH] Data Sources

Housing BHs

Health BHs
Carry out N.A. Implement
work for Commodity
Education BHs comparison Flows where
resistant areas possible
NPISH BHs

Government BHs

Estimate GDP &


Main Equipment BHs Develop
Aggregates vector of 2011
GDP
Construction BHs
expenditures
Other GDP
components BHs
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Regional Level: PPP Computation
All countries in All countries in
a region a region

Household .. .. .. .. .. .. .. ..
All countries in
Housing .. .. .. .. .. .. .. .. a region

Health .. .. .. .. .. .. .. .. .. .. .. ..

Education .. .. .. .. .. .. .. .. Regional
Aggregated
Government .. .. .. .. .. .. .. .. PPPs

Equipment .. .. .. .. .. .. .. ..

Construction .. .. .. .. .. .. .. ..

Annual National Regional Basic


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Average Prices Heading PPPs
Global Core List Approach
All countries in All countries in All countries in
the world the world the world

Household .. .. .. .. .. .. .. .. .. .. .. ..

…. .. .. .. .. .. .. .. .. Calibration
Factors
Construction .. .. .. .. .. .. .. ..
Annual National Global Basic
Average Prices Heading PPPs
for Global Core
Items All countries in
.. .. .. .. the world

.. .. .. .. .. .. .. ..

.. .. .. .. Global PPPs

Regional Basic
14
Heading PPPs
IV

Research Agenda

15
Research Activities

STATUS
10 TOPICS
1 Owner-occupied housing Will be decided on June 10
2 Financial services Adopted
3 Measurement of government outputs Will be decided on June 10
4 Survey frameworks Will be decided on June 10
5 Exports, imports & net purchases abroad Adopted
6 Linking regional PPPs into global results Ongoing research
7 Construction PPPs Will be decided on June 10
8 PPP-based poverty analysis Ongoing research
9 Back-casting and PPP revisions Will be decided on June 10
10 Sub-national PPPs Ongoing research

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V

Timetable

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ICP 2011 Timetable

2010 2011 2012 2013 2014

1. Fund Raising

2. Meetings

3. Capacity Building

4. Quality Assess.

5. Methodologies

6. Survey Prep.

7. Survey Implement.

8. Nat. Accounts

9. Regional Results

10. Global Results


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