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Handbook on price and volume measures in national accounts


Economic and monetary policy of the European Union (EU) is becoming increasingly integrated, especially since the introduction of the Euro.This requires higher and higher standards of national accounts data as a solid foundation for the formulation and monitoring of economic policy.Key players such as the Council, the European Commission and the European Central Bank need in particular high quality and comparable data on price developments and economic growth. Within the EU, national accounts data are also increasingly important for more administrative purposes such as the determination of countries' contributions to the EU budget, assessment of economic convergence, regional funds, etc.
This broad international use of national accounts data has led to an extensive set of international definitions and guidelines, necessary to ensure the reliability and comparability of data. These definitions and guidelines are contained in the System of National Accounts 1993 (SNA93) for worldwide application and the European System of Accounts 1995 (ESA95), which is the EU version. Besides that, a lot of more practical work has been done on the harmonisation of GNP data for the purpose of the Member States' EU budget contributions.

European Commission - Personal Name
92-894-2000-6
NONE
Management
English
2001
1-149
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