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BIS's White on economic and financial statistics

In the speech 'Economic and financial statistics: a glass half full or half empty?' given on 9 September William White of the BIS said statisticians would make a material contribution to global well-being if they would sometimes remind their economist friends of the natural limitations of the statistician's trade.

"Statistics had their beginning with a wish to measure the state of the here and now, albeit with the usual reporting lags. This is as true of accounting and micro statistics as it is

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