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This report by Jan Pieter Smits, Rutger Hoekstra, and Niels Schoenaker explores the multi-dimensional concept of convergence in sustainable development (SD) measurement systems across countries. It discusses the significance of aligning national income estimates, the role of econometric models, and the relevance of Keynesian theory. Key arguments for and against convergence are presented, including potential societal impacts and stakeholder preferences. The document highlights existing initiatives, conceptual and vertical convergence examples, and the imperative for timely action to enhance global comparability in SD metrics.
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e-Frame Convergence Report Jan Pieter Smits Rutger Hoekstra Niels Schoenaker Statistics Netherlands
Number of countries with national income estimates Econometric models Keynes theory Input-output analysis
GDP and Beyond: Why convergence? • Arguments for convergence • One message for society • International comparability • Working together • Arguments against convergence • Countries have different preferences (Stakeholder involvement) • Misconceptions • It is just a matter of choosing one of the current systems • Convergence leaves no flexibility • This is the golden ticket to success in GDP and Beyond • The convergence process needs to be started now
Stocktaking of convergence initiatives Conceptual convergence Horizontal convergence Example: System of Environmental and Economic accounts (SEEA) Global Reporting Initiative Vertical convergence Example: Measuring what matters (UK) CBS/GRI/TSC (The Netherlands)
Conceptual convergence (National level) Capital approach /Wealth accounting (World Bank) (mid 90s) Conceptual model is: -Consistent to National Accounts -Linked to economic models UNECE/Eurostat/OECD WG on Statistics on Sustainable development (2005-2009) Stiglitz-Sen-Fittousi report (2009)/Sponsorship Group (Eurostat/INSEE) CES recommendations (UNECE-Eurostat-OECD (2009-2013)
Case study: Measurement systems SD/progress • Database • 12 composites (economic and non-economic) • 43 Sustainable Development Indicator Sets • 24 out of 28 EU countries
Conclusions • We can learn from the history of National accounts/GDP • Bad news • Convergence takes a long time • Adoption takes even longer • Can we really wait several decades? • Good news • Convergence has already started • Despite their differences there are many similarities ofsystems • Comments? • Draft report ready by end of February • Want to review? r.hoekstra@cbs.nl • June 2014- finalversion