European Parliament Library

The Special Data Dissemination Standard :, Guide for Subscribers and Users

Abstract
The International Monetary Fund (IMF) launched the data standards initiatives to enhance member countries’ data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the data standards initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. The SDDS not only prescribes that subscribers disseminate certain data categories, but also prescribes that subscribers disseminate the relevant metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. At the Eighth Review of the Fund’s Data Standards Initiatives in February 2012, the IMF’s Executive Board approved the SDDS Plus as an upper tier of the Fund’s data standards initiatives. The SDDS Plus is open to all SDDS subscribers and is aimed at economies with systemically important financial sectors
Table Of Contents
The Special Data Dissemination Standard : origin and key features -- Data coverage, periodicity, and timeliness : general considerations -- Real sector : data coverage, periodicity, and timeliness -- Fiscal sector : data coverage, periodicity, and timeliness -- Financial sector : data coverage, periodicity, and timeliness -- External sector : data coverage, periodicity, and timeliness -- Access by the public, integrity of data, and quality of data -- Subscribers' responsibilities with advance release calendars, metadata, and national summary data pages -- Dissemination Standards Bulletin Board -- Monitoring of observance of the SDDS
Language
eng
Literary Form
non fiction
Physical Description
1 online resource (110 pages)
Form Of Item
online
Isbn
9781484338902

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