The 2011 International Comparison Program

for Asia and the Pacific

Douglas Brooks
Assistant Chief Economist
Asian Development Bank

RDTA 7507: 2011 International Comparison Program

for Asia and the Pacific
Regional Advisory Board Meeting
20-21 May 2010, ADB Headquarters
 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Objectives
 Compute Purchasing Power Parity (PPP) estimates
 Compute Internationally comparable price levels
 Compute PPP adjusted economic aggregates

 PPP key input for deriving International Poverty Line

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 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Expected Outputs
 Product lists for the 2011 ICP for Asia Pacific
 National annual average price data
 2011 GDP expenditure weights by basic heading
 Software tools for data entry, processing,
diagnostic, and analysis
 2011 PPP estimates by basic heading
 2011 PPP-based levels of GDP by major category &
aggregates
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 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Statistical Capacity-building
At the regional level

 Gained knowledge in Purchasing Power Parity

estimation
 Increased awareness in inter-country differences
in terms of market characteristics, price
movements, level of statistical capacity
 Improvement in the quality of the region’s
economic data enabling ADB to better monitor
economic developments in the region

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 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Statistical Capacity-building Aspects

At the country-level
 Increased implementation of international
standards
 Improved conduct of price surveys for consumer
price index computation
 Adoption of better data editing and validation
procedures

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 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Statistical Capacity-building
At the country-level

 Increased knowledge and improved national

accounts estimates
 In some countries, the quality of their statistics
have been raised to international levels
 Improved capability for data processing; analysis
of price and national accounts

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 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Sustainability issues

 Continuation of the program at the country level

beyond the RDTA’s implementation

 Harmonization in the CPI and CPI price collection

 Use of PPP at national level

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 The 2011 ICP For Asia and the Pacific
First Meeting of the RAB, 20 May 2010, ADB HQ

Any Questions?