New Standards for Economic Data Aim to Sharpen View of Global Economy (IMF Blog by Vladimir Klyuev, James Tebrake)
Washington, DC, United States (PANA) - The updated System of National Accounts better captures digitalisation, intangible assets, and global production—helping governments support growth, jobs, and investmentThe cornerstones of our digital world—from smartphone apps to new digital assets and artificial intelligence tools—didn’t exist back in 2008, the last time the world’s statistical community overhauled its approach to standardising how countries measure the economy