Session IV: Natural Resources: Macroeconomic Impacts
Third IMF Statistical Forum
This session considers the conceptual frameworks and data requirements for analyzing the macroeconomic impacts of natural resources on individual economies and the global economy. It discusses the statistical measures required to assess the role of government revenues from natural resources and related issues of transparency and the frameworks used by resource-rich countries to manage commodity price uncertainty. Particular challenges for official statistics are the measurement of natural resource components of GDP, government revenues, and subsidies.