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Consumer price indexes --- Prices

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This paper reviews the role of the GDDS in helping developing and emerging market countries improve the dissemination of macroeconomic and sociodemographic data. It considers whether the GDDS, in the way it was designed about a decade ago and enhanced along the way, has fulfilled its purpose. Further, it considers whether the GDDS remains relevant to its current and prospective members, given ongoing global integration, increasing emphasis on transparency and governance mechanisms, and increased reliance on the Internet and electronic data transmission.

Consumer price indexes.

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bibliographies --- Journalism --- #C9304 --- #ACA --- Ons erfdeel --- Indexes --- Netherlands --- Belgium --- South Africa --- Civilization --- Netherlands - Civilization - Indexes --- Belgium - Civilization - Indexes --- South Africa - Civilization - Indexes --- Bibliographie --- 1978-1982

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This appendix discusses the required data, the selection of the database, and the derivation of the data series used for the quota calculations.

Balance of payments. --- Finance --- Price indexes.

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When analyzing terms-of-trade shocks, it is implicitly assumed that the economy responds symmetrically to changes in export and import prices. Using a sample of developing countries our paper shows that this is not the case. We construct export and import price indices using commodity and manufacturing price data matched with trade shares and separately identify export price, import price, and global economic activity shocks using sign and narrative restrictions. Taken together, export and import price shocks account for around 40 percent of output fluctuations but export price shocks are, on average, twice as important as import price shocks for domestic business cycles.

Peru --- Terms of trade. --- Price indexes. --- Peru.