In a growing number low-and middle-income countries, updating GDP estimates has led to significant revisions. Governments often welcome these changes because they, seemingly overnight, reduce debt-to-GDP ratios and increase GDP per-capita. But is this real? Why does this happen and what are the down sides? Join us to learn why rebasing is important, what the key ingredients to a successful update are, and important lessons for building capacity in this area.
Francien Berry, Economist, IMF Statistics Department
Leandro Medina, Senior Economist, IMF African Department