QUESTIONS OF METHODOLOGY
This article deals with methodological, organizational and practical issues of measuring poverty and inequality in the countries of the Commonwealth of Independent States in the context of international statistical recommendations, in particular, the Agenda for Sustainable Development. The paper provides basic conceptual approaches to measuring monetary and non-monetary poverty, as reflected in the national practices of statistical offices of the CIS countries.
The authors determine the role of income and expenditure indicators in measuring poverty and inequality in the CIS region. They also identify the main challenges and issues of income and expenditure statistics arising from differences in data sources, applied classifications and aggregation methods. The paper includes some recommendations on the unification of methods for collecting income and expenditure statistics, developed as part of the joint UNECE, Rosstat and CIS-Stat project on harmonization of poverty indicators for monitoring sustainable development in CIS Countries.
The article addresses national practical applications of poverty measuring concepts concerning absolute, relative and subjective poverty.
Another important matter that this paper discusses is the comparability of poverty statistics to review progress on Sustainable Development Goals (SDGs) in the CIS region. It is associated with the use of different poverty lines and welfare indicators, that serve as a basis for constructing population distribution series. The authors provide a method for calculating poverty indicators using the international and national poverty lines.
The article formulates ways to further improve poverty statistics that are aimed at developing integral indicators and criteria to measure poverty not only on the basis of income and expenditure, but also taking into account factors affecting the population’s quality of life (primarily, the possibility of obtaining health care services, education, access to clean drinking water and adequate sanitary conditions), environmental situation, life safety.
REGIONAL STATISTICS
INTERNATIONAL STATISTICS
Multinationals play an increasingly important role in the world economy. Their fiscal optimization leads to bias macroeconomic statistics. This was ignored by statisticians until the Irish CSO published an extraordinary +27% growth number for 2015. This originates most probably from a simple administrative reallocation in Dublin of the intellectual property products of a big American multinational. As royalties are classified as production in national accounts and exports are registered not from where they are physically shipped but from the country that holds their property rights, GDP was massively impacted.
Many economists were thunderstruck. Some concluded that a «national» GDP is now obsolete. Some that only its income approach remains relevant. In this article, the author strongly advocates that a national GDP in volume remains an essential tool for economic policy and that, if necessary, statisticians should reconsider the rules of the SNA 2008, whether to classify royalties as production or to extrapolate the goods for processing concept, in order to recover a sensible measure of growth.
The article assesses the effective use of investments in fixed assets in Uzbekistan and includes results of regression analysis of the impact of changes in foreign direct investment (FDI) volumes on GDP. The author established that in the previous period economic growth in Uzbekistan was primality caused by domestic investments. At the same time, analysis of the ICOR (Incremental Capital Output Ratio) dynamics and cross-section analysis of the impact of FDI on GDP in 15 transition economies show that misallocation of domestic investment in fixed assets reduces a country’s attractiveness to foreign investors. To assess the synergy effect of the investments, the author used an «Input-Output» model, which allowed to determine industry-specific coefficients of final demand, reflecting the multiplicative effect of investments in fixed assets on GDP growth.
The degree of possible FDI influence on Uzbekistan current account balance was determined according to two scenarios, depending on
the capacity of the economy to attract FDI and the degree of export-orientedness.
The results of the empirical analysis revealed an urgent need to strengthen the synergy effect of investment efficiency factors by combining them and simultaneously creating new qualities (emergence). Additionally, based on the revealed highest multiplier effect of the investments in following Uzbekistan’s industries: engineering, chemical and light industry, production of textiles, clothing, and electrical equipment and devices - the author formulated recommendations for increasing their attractiveness to foreign investors.
SCIENTIFIC LIFE
This scientific and information review provides insight into the contents and nature of some questions and matters of national statistics as noted in the reports of statisticians - academics and practitioners at the meeting of Statistics Section of the Central House of Scientists of the Russian Academy of Sciences (CDU RAS) in 2018-2019. The Section covered a wide range of topics which could be grouped (although this grouping is somewhat relative) into three focus areas in modern Russian statistics discussed in the 2018-2019 season at the Central House of Scientists: I. Theoretical and practical aspects associated with conducting statistical observations, II. Development issues of macroeconomic statistics and III. Application of international statistical standards to Russian conditions.
In these respective areas, debates focused on the results of the 2016 Russian Census of agriculture, optimization of the organizational structure of the 2020 Russian Population Census based on the results of the 2018 Pilot Population Census, fundamental principles of consumer price monitoring and calculating the consumer price index in today’s Russian statistics. Topics of methodological support of statistics on non-financial economic assets, improving the quality of GDP estimates based on the development of annual supply and use tables, the subject matter of innovation statistics triggered heated discussions amongst the practitioners and theoreticians who participated actively in the meetings. Finally, the Section reviewed matters of adopting international statistical standards to suit Russian conditions, in particular, the practical implementation of the Resolution concerning statistics of work, employment, and labor underutilization and Russian issues of international banking statistics.
INTERNATIONAL COOPERATION
ISSN 2658-5499 (Online)