the 2011 icp for asia and the pacific: institutional arrangements

8/9/2019 The 2011 ICP for Asia and the Pacific: Institutional Arrangements

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The 2011 ICP for Asia and the Pacific:

Institutional Arrangements

RDTA 7507: 2011 International Comparison Programfor Asia and the Pacific

Regional Advisory Board Meeting

20-21 May 2010, ADB Headquarters

Chellam Palanyandy

Regional Coordinator2011 ICP for Asia and the Pacific


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Outline of Presentation

Letter of No Objection

Framework of Partnership

Data Requirements

Regional Work plan

The 2011 ICP For Asia and the Pacific: Institutional Arrangements

First Meeting of the RAB, 20 May 2010, ADB HQ


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Letter of No Objections

Sought the concurrence of governments to

participate in Research and Development

Technical Assistance 7507 (RDTA 7507) 2011

ICP for Asia and the Pacific

Invitation to participate was extended to 22countries High Income: Brunei Darussalam; Hong Kong, China; Singapore;

and Taipei,China.

Southeast Asia: Cambodia, Peoples Republic of China, FijiIslands, Indonesia, Lao Peoples Democratic Republic, Malaysia,Myanmar, Mongolia, Philippines, Thailand, and Viet Nam.

South Asia: Bangladesh, Bhutan, India, Maldives, Nepal,Pakistan, Sri Lanka.

The 2011 ICP Fo

r Asia and the Pacific: Institutional Arrangements



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Letter of No Objections

Status Of the 22 economies invited, 19 already

signed and forwarded their LNO to ADB

Awaiting concurrence from India, Indonesia

and Thailand

Macao, China, a non-ADB member country

but was part of the 2005 ICP have reaffirmed

their support to ICP and will be participatingat their own expense

The 2011 ICP Fo




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Purpose

Synopsis

Key Tasks of the Regional

Coordinating Agency

Key Tasks of the National

Implementing Agency

Timeframe

The 2011 ICP Fo




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Purpose Establishes the general framework thatwill guide the program of work betweenthe ADB and the National Implementing

Agencies for the management andimplementation of the 2011 ICP AsiaPacific

Will operate under the overall guidelines

established in a MOU between the WBand ADB

To be implemented from 2010-2013

The 2011 ICP Fo




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Synopsis Management and coordination of the ICP is needed atthree levels: global, regional and national.

ADB as the Regional Coordinating Agency - is charged

with the overall coordination, implementation andaccountability of the regional program and will be

assisted by a Regional Advisory Board (RAB)

National implementing agency is responsible for the

implementation, overall coordination, accountability,and day to day management of the 2011 ICP Asia Pacific

at the national level




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Key Tasks of the RCA

Foster country participation, mobilize resources,

and coordinate the national programs

Provide mechanisms to ensure countries take

full ownership of the program

Ensure countries observe standard data

collection and processing as set forth by RCA

through collaborative work with the NIAs and

the ICP Global Office.




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Key Tasks of the RCA

Establish archiving and international data

sharing and dissemination procedures

Liaise with the ICP Global Manager and the

other regional coordinators

Compile regional PPPs and undertake analysis of

the data and reports




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Key Tasks of the NIA

Identify an ICP National Coordinator to be the

focal point for communications with the RCA

Participate in regional meetings, training and

data review workshops as needed

Provide inputs and assistance in the finalization

of the 2011 ICP product lists

Design a comprehensive plan of action fornational level activities that will cover the ICP

period (2010-2013)




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Prepare, submit to the RC and implement a

comprehensive price survey design framework;

Ensure that data collection is carried out for all

items based on agreed upon specifications andgeographic coverage (including outlets types)

Ensure that national accounts activities are

carried out in accordance with the 1993 (or

2008) SNA requirements and according to

agreed upon procedures and time schedules




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Transmit price data according to the basic principles on

data access policies (See Appendix A)

Submit to ADB the quarterly and annual national

average prices for regional and global items identified in

the pricing lists with appropriate documentation

Submit to the ICP Global Office the annual average

prices of the global core and regional lists to be used in

linking the regions and computing global results;

Submit to ADB and the ICP Global Office, the GDP

expenditure estimates at the 155 BH with appropriate

metadata and documentation



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d h f l


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Participate in the intra and inter-country review

of validation, consistency and diagnostic reports

of prices, basic heading parities and weights;

Assist in resolving any queries arising from dataanalysis by the RC ;

Prepare country report highlighting the

experiences during the 2011 ICP Asia Pacific

Create national ICP databases and maintain

detailed data and metadata archives; and



Th 2011 ICP F

A i d h P ifi I i i l A


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Timeframe

Effective as soon as it has been signed by both

RCA and NIA

Will continue until the conclusion of the 2011

Round of the International Comparison Programin 2013



Th 2011 ICP F A i d th P ifi I tit ti l A

t


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Data Requirements

Price data National accounts data

Other Data Needs

Population Exchange rates



Th 2011 ICP F A i d th P ifi I tit ti l A t


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Price data requirements

Annual national average pricesHousehold consumption products

Product list: (to be decided)

include global and regional list (including sub regional list)

Frequency: monthly (except for selected items) Observations: minimum 15 quotations per quarter (more for

larger economies)

Coverage: national including rural & urban areas

Outlet type: supermarket; dept. store; traditional market etc. Prices: transaction prices

For ICP 2011 the term representative will be replacedby important.





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Price data requirements

Machinery and equipment Construction

Government compensation





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National Accounts

The SNA 93 framework will be used for compiling the

2011 ICP

There are three approaches to measuring GDP

expenditure

production

Income

The expenditure approach is required for the ICP

Coverage should be exhaustive





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Main expenditure aggregates

Individual consumption expenditure by households

Individual consumption expenditure by NPISHs

Individual consumption expenditure by government

Collective consumption expenditure by government

Gross fixed capital formation

Change in inventories & acquisitions less disposals of valuables

Balance of exports and imports



The 2011 ICP Fo



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The Expenditure Classification

GDP main aggregates further divided into

26 Categories

61 Groups

126 Classes

155 Basic Headings this is the level at which

national accounts data are required for the ICP



The 2011 ICP For Asia and the Pacific: Institutional Arrang

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Structure of the Classification

Main Aggregates Categories Groups Classes BasicHeadings

11.00 Individual consumption expenditure by

households13 43 90 110

12.00 Individual consumption expenditure by

NPISHs1 1 1 1

13.00 Individual consumption expenditure bygovernment

5 7 16 21

14.00 Collective consumption expenditure by

government1 1 5 5

15.00 Gross fixed capital formation 3 6 11 12

16.00 Change in inventories and acquisitionsless disposals of valuables 2 2 2 4

17.00 Balance of exports and imports 1 1 1 2

GDP 26 61 126 155





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Regional Work Plans



1. SETTING UP THE GOVERNANCE STRUCTURE

1.1 Building partnership with DMCs (Feb 2010 Jun 2013)

1.2. ICP Global Office Collaboration (Feb 2010 Dec 2013)

1.3. Regional Advisory Board Meetings (May 2010 April2012)

1.4. Heads of National Implementing Agencies Meetings(May 2010 Jun 2013)



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Regional Work Plans



2. PRESURVEY OPERATIONS (Feb 2010

Dec 2010)

2.1 Development of the 2011 product lists and catalogues(Feb 2010 Dec 2010)

2.2 Drawing-up of the 2011 ICP Sampling Survey Designsand Framework for national price surveys (Jun 2010 Oct2010)

2.3. Technical discussions on the 2011 ICP methods

2.4. Software development for data entry, processing, andanalysis; deployment; and, technical support(Feb 2010 Mar 2012)



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Regional Work Plans



3. DATA COLLECTION AND VALIDATION, and PPP

COMPUTATION (Oct 2010

Jun 2013)

3.1. Conduct of price surveys; data collection and intra-country validation (Oct 2010 May 2012)

3.2 Conduct of Regional data review and validationactivities (June 2010 July 2012)

3.3 Computation and validation of un-weighted PPPs atthe basic heading level (Apr 2011 - Mar 2012)

3.4 Compilation and estimation of 2010/2011 GDPexpenditure weights (Oct 2010 July 2012)



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Regional Work Plans

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3. DATA COLLECTION AND VALIDATION, and PPP

COMPUTATION (Oct 2010 Jun 2013)

3.5 Computation of weighted PPPs and PPP-adjusted GDPand major aggregates (May 2012 - Apr 2013)

3.6 Compilation of the 2011 midyear resident populationand exchange rates

3.7 Presentation of PPP-based measures for 2011(Apr 2013 - Mar 2013)

3.8 Preparation of 2011 ICP Asia Pacific Final(Aug 2012 Jul 2013)



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