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A new statistical system for the European Union

Quality statistics are essential to economic policy. In this essay, Andreas Georgiou demonstrates the existence of fundamental risks inherent in the European Statistical System. He argues that a paradigm shift is necessary and sets out a model that would deliver the quality statistics the European Union needs.

By: Date: December 12, 2018 Topic: European Macroeconomics & Governance

Quality statistics are fundamental to economic policy. In the European Union a number of critical official statistics are the basis for economic surveillance of member states. These statistics are the product of a system in which Eurostat relies on the statistical offices of EU countries. This essay shows how this system is no longer adequate, argues that a more efficient, integrated approach is required, and sets out a model that would deliver the statistics the European Union needs.

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