The Way Forward Carol S. Carson AEG Meeting March 19-23, 2007

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The Way Forward
Carol S. Carson
AEG Meeting
March 19-23, 2007
Plan of the presentation
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March 2008 deliverable
Indicative timeline for 2007
Ways of working
The big question
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March 2008 deliverable
• Described at Statistical Commission as
“the SNA framework in terms of
accounting conventions, the accounts, and
the integration of the accounts and
incorporates the adopted
recommendations on the 44 issues
• Working assumption: chapters 1-17 plus
annexes on accounts and classifications
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March 2008 deliverable (cont’d)
• Chapters: closer look
– Introduction and overview: 1 and 2
– Accounting conventions: 3-5
– Accounts: 6-13
– Typical summary presentations:14 (?slimmed)
– Supply and use: 15 (?IO moved to 2009)
– Price and volume measures: 16
– Cross-cutting and other special issues: 17
• 10 chapters: incorporate comments
• 7 chapters: initial “drafts”, incorporate comments
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March 2008 deliverable (cont’d)
• Thus, “by residual,” at least chapters 1827 plus anything pushed out of the 2008
deliverable become the 2009 deliverable
– Some decisions about the 2009 deliverable
will be made in deciding on the 2008 contents
– Some further decisions about the 2009
deliverable will be held until mid-2007 to take
into account experience in the meantime
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Indicative timeline for 2007
start:
• Editor
– Complete chapter 17
– “draft” 1-5, 15, and 16
by end June
– Tables, glossary, etc.
and incorporate
comments on 6-14
and 17
– Incorporate comments
on 1-5, 15, and 16
finish:
April
• Others
– AEG and others:
comment on 6 and 7
– ISWGNA: ready
comments on chapters
6-14 and 17
– AEG and others:
comment on 1-5, 15,
and 16 by end August
– ISWGNA: ready
comments on 1-5, 15,
and 16
December
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Ways of working: Tasks
• Editor:
– Revise FSCR to be interim reference
– Continue to prepare drafts or bring others’
submissions into harmony in substance and style
• ISWGNA:
– Advice for Editor
– Support for Editor: e.g., assembling comments in
Editor-friendly way
– Provide codes in line with updated classifications
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… working: Tasks (cont’d)
• AEG
– Comment on chapters
– Advice: second AEG meeting in 2007 unlikely,
so participate in e-consultations (? with some
informal get togethers)
• Project manager: Various communication
and coordination tasks, including about
disposition of comments
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… working: Adjustments (cont’d)
• Drafting
– More caution on changes not stemming from
the 44 issues and 39 clarifications
– Identify sources of main changes
And continue comparison at the several stages
• Review
– Provide more guidance on kind of comments
that are welcome
– Ask for comment by paragraph number
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Big question
• Question: Can we deliver the framework of
the 1993 SNA Rev. 1 on time?
• Risks
– Tight sequences
• the need to keep to deadlines
– Substantive hang ups
• the need to monitor them and adapt
– Bottlenecks
• the need to monitor them and adapt
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The big question (cont’d)
• My answer: Yes, with hard work, good
cooperation, and focus.
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Thank you
Contact:: ccarson@imf.org
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