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Data to the Rescue

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Abstract

Why improved statistical information will be key for prevention of future crises Adelheid Burgi-Schmelz ACCURATE, complete, and timely data are critical to making good economic policy and financial decisions. Without strong data, policymakers cannot manage effectively and business leaders may be left in the dark, unable to spot emerging trends and danger signals. Every crisis exposes weaknesses, and the current global financial crisis is no exception. The speed at which the crisis developed underlines the importance of indicators that could support early warning efforts and the analysis of cross-border financial linkages. While the analysis of the spread and transfe

Year: 2011
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