What does WGGES mean in WORKING GROUPS
The Working Groups on General Economic Statistics (WGGES) is an international forum of experts dedicated to the development, implementation and improvement of economic statistical methods and standards. Established in 1992 under the auspices of the United Nations Statistical Commission (UNSC), the WGGES works to ensure that reliable, up-to-date, and meaningful statistics are available to countries across the globe.
WGGES meaning in Working Groups in Miscellaneous
WGGES mostly used in an acronym Working Groups in Category Miscellaneous that means Working Groups on General Economic Statistics
Shorthand: WGGES,
Full Form: Working Groups on General Economic Statistics
For more information of "Working Groups on General Economic Statistics", see the section below.
Essential Questions and Answers on Working Groups on General Economic Statistics in "MISCELLANEOUS»WORKINGGROUPS"
What is the purpose of the Working Groups on General Economic Statistics (WGGES)?
The purpose of the Working Groups on General Economic Statistics (WGGES) is to promote and facilitate coordinated international economic statistical activities in order to gain a better understanding and comparison of national economic performance.
What is the scope of coverage for WGGES?
The Working Group on General Economic Statistics (WGGES) covers a range of topics such as international trade, investment, production and productivity, labor market trends, government finance statistics, balance of payments statistics and monetary & financial statistics.
Who are members belonging to WGGES?
Members belonging to the Working Groups on General Economic Statistics (WGGES) include representatives from multilateral and regional organizations as well as government bodies from advanced, emerging and developing economies.
What objectives does WGGES seek to achieve?
The objectives of the Working Group on General Economic Statistics (WGGES) are to develop guidelines for better national economic performance measurement; set international standards for improving the quality, accuracy and timeliness of economic data; and coordinate efforts to improve global access to economic information.
How does WGGES formulate statistical recommendations?
The Working Group on General Economic Statistics (WGGES) uses a variety of techniques such as meetings between member countries' representatives, expert meetings and group report writing sessions in order to formulate statistical recommendations.
Does WGGES limit its scope to data provision only?
No, besides providing data, the Working Group on General Economic Statistics (WGGES) also has an analytical role that entails studying trends in regional and global patterns related to macroeconomic indicators.
What kind of collaborations does WGGGS engage in?
The Working Group on General Economic Statistics (WGGGS) engages in collaborations with other international organizations such as IMF or OECD that also focus on national economic performance measurement.
How often does WGGEs meet for discussions?
The Working Group on General Economic Statistics meets twice a year usually between April — March or October — September depending upon availability of resources from various members.
Does this meeting have any special agenda?
Yes, each meeting has its own special agenda which deals with various aspects related to cross-border analysis pertaining to any particular topic under discussion.
Final Words:
WGGES serves an invaluable role in providing reliable resources to create an evidence based policy making process regardless of a country's stage of development. The collective learning made possible by this body strengthens the foundation required by countries around the world to develop more equitable economies while achieving sustainable growth over time.