Priorites for improving basic economic statistics

Abstract

In this paper, the requirements for basic economic statistics are briefly outlined and the implications for their collection discussed with particular reference to business surveys. A distinction is made between the collection of data to measure up-to-date developments and that required for structural analysis. The methodology and hence the basic data requirements for measuring economic growth is discussed and some conclusions drawn. In many African countries, the availability of basic economic statistics falls far short of what is desirable or even essential for rational policy making and economic management.