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Why Are The G-20 Data Gaps Initiative And The Sdds Plus Relevant For Financial Stability Analysis?

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  • ROBERT HEATH

    (Statistics Department, IMF, USA)

Abstract

In the wake of the recent global crisis, the international community is giving an increased focus on stability of the financial system. With the increasing need for data sets to undertake this analysis, the question naturally arises as to what types of data are needed? While various data initiatives are underway, two initiatives at the forefront are: (1) the International Monetary Fund/Financial Stability Board Group of Twenty (IMF/FSB G-20) Data Gaps Initiative (DGI) which is endorsed by the G-20 Finance Ministers and Central Bank Governors as well as the IMF's International Monetary and Financial Committee and (2) the new Special Data Dissemination Standard (SDDS) Plus, aimed particularly at economies with systemically important financial sectors. This paper explains the relevance of the DGI for financial stability analysis and the close link with the SDDS Plus.

Suggested Citation

  • Robert Heath, 2013. "Why Are The G-20 Data Gaps Initiative And The Sdds Plus Relevant For Financial Stability Analysis?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 1-24.
    • Handle: RePEc:wsi:jicepx:v:04:y:2013:i:03:n:s179399331350018x
    DOI: 10.1142/S179399331350018X
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    Cited by:

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    2. Stijn Claessens, 2015. "An Overview of Macroprudential Policy Tools," Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 397-422, December.
    3. Iman van Lelyveld, 2017. "The use of derivatives trade repository data: possibilities and challenges," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Data needs and Statistics compilation for macroprudential analysis, volume 46, Bank for International Settlements.
    4. Mr. Robert M Heath & Evrim Bese Goksu, 2016. "G-20 Data Gaps Initiative II: Meeting the Policy Challenge," IMF Working Papers 2016/043, International Monetary Fund.
    5. Mr. Joe Crowley & Plapa Koukpamou & Ms. Elena Loukoianova & André Mialou, 2016. "Pilot Project on Concentration and Distribution Measures for a Selected Set of Financial Soundness Indicators," IMF Working Papers 2016/026, International Monetary Fund.
    6. Mr. Robert M Heath, 2015. "What has Capital Liberalization Meant for Economic and Financial Statistics," IMF Working Papers 2015/088, International Monetary Fund.
    7. Bruno Tissot, 2016. "Development of financial sectoral accounts: new opportunities and challenges for supporting financial stability analysis," IFC Working Papers 15, Bank for International Settlements.
    8. Anouk Levels & René de Sousa van Stralen & Sînziana Kroon Petrescu & Iman van Lelyveld, 2018. "CDS market structure and risk flows: the Dutch case," DNB Working Papers 592, Netherlands Central Bank, Research Department.
    9. Peter ven de Ven & Anne Harrison & Barbara Fraumeni & Marshall Reinsdorf & Dominique Durant & Kyle Hood & Leonard Nakamura, 2017. "Improving the Treatment of Holding Gains and Default Losses in National Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63, pages 321-354, December.
    10. Al-Saffar, Yaser & Ridinger, Wolfgang & Whitaker, Simon, 2015. "Financial Stability Paper No 24: The role of external balance sheets in the financial crisis," Bank of England Financial Stability Papers 24, Bank of England.
    11. Mick Silver & Brian Graf, 2014. "Commercial Property Price Indexes: Problems of Sparse Data, Spatial Spillovers, and Weighting," IMF Working Papers 2014/072, International Monetary Fund.
    12. Filipa Lima & Inês Drumond, 2016. "How to keep statistics' customers happy? Use micro-databases!," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Combining micro and macro data for financial stability analysis, volume 41, Bank for International Settlements.
    13. Coates, Dermot & Moloney, Aoife, 2015. "Locational Banking Statistics in Ireland: Introducing the Enhanced Quarterly Statistics," Quarterly Bulletin Articles, Central Bank of Ireland, pages 73-86, October.
    14. Luiza Antoun de Almeida, 2015. "A Network Analysis of Sectoral Accounts: Identifying Sectoral Interlinkages in G-4 Economies," IMF Working Papers 2015/111, International Monetary Fund.
    15. Mr. Stijn Claessens & Ms. Laura E. Kodres, 2014. "The Regulatory Responses to the Global Financial Crisis: Some Uncomfortable Questions," IMF Working Papers 2014/046, International Monetary Fund.

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    More about this item

    Keywords

    Global crisis; financial stability; data dissemination; sectoral accounts; cross-border linkages; government debt; financial institutions; E44; F36; G15; G18; G20;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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