Evidence-Based Policymaking in the European Union Using Balance of Payments Statistics

Cristina Pereira Sá (), Cornelia Wersch (), Robert Leisch () and Matthias Ludwig ()
Additional contact information
Cristina Pereira Sá: Eurostat Balance of Payments Working Group
Robert Leisch: Eurostat
Matthias Ludwig: Balance of Payments team of Eurostat

A chapter in Measuring International Economics, 2025, pp 127-137 from Springer

Abstract: Abstract This article presents the multifaceted role of balance of payments (BOP) statistics in providing a basis for shaping European Union (EU) policies and monitoring their impact. It starts by describing the process of preparing and collecting BOP data, explaining the importance of sound methodology and the efforts taken by Eurostat, the statistical office of the EU, to ensure the high quality of the data. Subsequently, the article outlines various uses of BOP statistics, from detecting macroeconomic imbalances to analyzing the potential economic impacts of specific trade and customs policies, from enhancing transparency to strengthening accountability, from monitoring and evaluating, to informing the public. The article also details the specific case of the accounts of the EU institutions in BOP.

Keywords: Balance of Payments; Data; Evidence-Based Policymaking; Regulation; Aggregates; Eurostat; EU-Institutions (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-77193-4_9

Ordering information: This item can be ordered from
http://www.springer.com/9783031771934

DOI: 10.1007/978-3-031-77193-4_9

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().