1. Scoreboard & the underlying data ESTP Course - MIP Luxembourg 1-3 December 2015 MIP TF

2. Outline  SA to 2016 AMR  External imbalances  Competitiveness  Internal imbalances  Social dimension

3. SA to 2016 AMR 5th round of MIP Eurostat in charge of SA production Complete SA: 54 indicators for a total of 14,840 values Data presented by SB, year, indicator, country Introduction presenting the main statistical developments

4. Flashes per country

5. Data sources – Headline indicators

6. Data sources – Auxiliary indicators

7. Flashes per indicator

8. Q&A

9. Discussion Imbalances in your country Does the current set of indicators used in the MIP context measure properly the imbalances in your country? What are the imbalances in your country? Are they similar to the ones observed in other EU countries? Do you have in your country a procedure/ a country specific set of indicators to detect imbalances? Is there any macroeconomic imbalance not detected by the SB?

10. Discussion Imbalances in the European Union Should we continue using the same scoreboard in the next MIP rounds? In your opinion, is there any new imbalance to arise? Social, financial, economic… ? global or only(!) European, Euro area specific? Current SB, does it serve well as an early detector of potential imbalances? What is not covered and should be added? Is it better to have separate SB for EA? Or maybe country specific?

11. Discussion Statistical soundness What is the quality of underlined data used in the MIP scoreboard? Would you use for MIP SB data compiled outside ESS? Composite indicator, would it be more descriptive? … or should we rather go for the investigations of micro data?