25-27 June 2007 – Working Party STES OECD Paris Michela GAMBA and Eun-Pyo HONG _________________ OECD Statistics Directorate Short Term Economics Division

25-27 June 2007 – Working Party STES OECD Paris Background About 40 years ago, the MEI paper publication was the main and only dissemination mean for short-term statistics stored in the MEI database. Nowadays:  About 40 years ago, the MEI paper publication was the main and only dissemination mean for short-term statistics stored in the MEI database. Nowadays: 1.Limited role (contains about 50% of the MEI series) and 2.diminished importance as other OECD publications come along  In 2006, the MEI paper publication was reviewed  The need to improve the presentation of OECD STES emerged, along with a better visibility for metadata and graphs  more VALUE-ADDED to the data collected from NSAs and other organisations

25-27 June 2007 – Working Party STES OECD ParisObjectives  identify a NEW VALUE-ADDED MEI product for the dissemination of key short-term economic indicators  accommodate RECENT ON-GOING DEVELOPMENT in the area such as OECD.Stat, Pubstat, etc. The new product could take the form of:  a SATELLITE ELECTRONIC PRODUCT with limited analytical text and with / without a paper version  DOMAIN-SPECIFIC, STATIC AND DYNAMIC

25-27 June 2007 – Working Party STES OECD Paris Schedule Initial phase(phase 1& 2) Mid September 2007 Subsequent phase (phase 3) End December 2007 Final phase (phase 4) End March 2008

25-27 June 2007 – Working Party STES OECD Paris Phase One  PHASE ONE FORMULATION OF INITIAL SET OF TASKS Roles of various existing publications, e.g. Dotstat, CD-Rom, Olisnet, free data on statistical portal, Beyond20/20, CSV files, E-book (PDF), Press releases, etc.

ProductFormatChannelPotential for improvement OECD.Stat allDotstatOLIS OECD.Stat core data specific subject cubesDotstat OLIS, StatPortal frequently requested Statistics, yellow machine MEI Revision DatabaseDotstatOLIS, StatPortal, yellow machine B20/20 MEI_allB20/20OLIS,SourceOECD, CD_RomCould be replaced by Dotstat MEI_All B20/20 Comparative indicatorsB20/20OLIS,SourceOECD, CD_Rom Could be replaced by OECD.Stat core data - specific subject datasets MEI csv filecsvCD_ROM + sent to customers Printed publication allPdfOLIS, SourceOECD Subject tablesPdfStat Portal Could be replaced by new product with better layout more indicators and measures both in electronic and paper version Country graphsPdfStat Portal Could be replaced by new product with better layout both in electronic and paper version Key short-term indicatorsPdfStat PortalCould be part of new product Adhoc tables in Part IVPdfStat PortalCould be part of new product Explanatory notesPdfStat PortalCould be part of new product Sources and Methods publicationsPdfSourceOECD MEI features articlesPdfStat Portal Press releases: CPI, SUR, CLIPdfStat PortalCould be part of new product Yellow Machine: Sources & Definitions Web applicationStat Portal

25-27 June 2007 – Working Party STES OECD Paris Phase Two  PHASE TWO SEARCH FOR NEW PRODUCTS in the light of costs and changes that need to be made OECD newly developed graphics tool using FLEX Adobe (currently on annual data only) More on FLEX Adobe

25-27 June 2007 – Working Party STES OECD Paris Phase Three  PHASE THREE DEVELOPMENT OF A PROTOTYPE A SUBSET OF INDICATORS will be included for a new MEI service. The ultimate product should satisfy the following OBJECTIVES : Comprehensive selection of Short Term TARGET INDICATORS; Comprehensive selection of Short Term TARGET INDICATORS; At least 2/3 (i.e. 20 OECD MC) of COUNTRY COVERAGE; At least 2/3 (i.e. 20 OECD MC) of COUNTRY COVERAGE; LENGTH of time series; LENGTH of time series; CROSS-COUNTRY harmonisation of indicators; CROSS-COUNTRY harmonisation of indicators; Extension to NON MEMBER COUNTRIES; Extension to NON MEMBER COUNTRIES;

25-27 June 2007 – Working Party STES OECD Paris Phase Four  PHASE FOUR MARKET TESTING AND RESOURCES ESTIMATION Required for the technical development of the new tool and the on-going implementation of work on a monthly basis (i.e. analytical text, metadata update etc) type of text workload and costs: type of versiongenericspecific * = same amount of work electronic version**** ** = costly paper version*** *** = extremely costly

25-27 June 2007 – Working Party STES OECD Paris Country feedbacks and ideas will be much appreciated- thank you!