Government Statistics and Other Lies

Michael Backman

Chapter Chapter 7 in The Asian Insider, 2004, pp 42-49 from Palgrave Macmillan

Abstract: Abstract What does it mean that China’s exports rose 6.2% or that Indonesia’s economic growth in the quarter rose 1.3%? Are these countries’ statistics agencies so well funded, so expertly managed, computerised, efficient, independent and professional that such numbers actually matter? Sure they might be indicative of broad trends but should we care about quarter onquarter changes? Should multibillion dollar investment decisions be based on them?

Keywords: Foreign Direct Investment; Initial Public Offering; State Secret; Taxation Treaty; Asian Insider (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4840-3_7

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DOI: 10.1057/9781403948403_7

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