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Accuracy of growth forecasts for transition countries: Assessing ten years of EBRD forecasting

This paper analyses the accuracy of GDP growth forecasts prepared by the EBRD for 25 transition countries between 1994 and 2004. It finds that EBRD forecasts are mostly unbiased and efficient, and that forecast accuracy has improved as transition has progressed and as the range of data sources have expanded.

Link http://www.ebrd.org/pubs/econo/wp0094.htm
Author Krkoska, L., Teksoz, U
Date Dec 2005
Institute EBRD
Tags GDP, transition, forecast

See also

  1. An Approach to Forecasting Ukrainian GDP from the Supply Side
  2. Concept of forming information society in Russia
  3. Forecasting inflation for transition countries: How accurate are the EBRD forecasts?`
  4. Growth trends in the developing world : country forecasts and determinants
  5. Economic survey: Moldova in transition No. 8

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