Home / Franck Biancheri Network / Global statistical dislocation: the multiplication of tools for measuring economic reality (GEAB February 2017)
Global statistical dislocation: the multiplication of tools for measuring economic reality (GEAB February 2017)

Global statistical dislocation: the multiplication of tools for measuring economic reality (GEAB February 2017)

PUBLIC COMMUNIQUE of our monthly bulletin GEAB February, 2017. Subscribe here !

Within the global systemic crisis that we are now experiencing, our experts have been talking for some years about “statistical fog” to qualify the inability of today’s tools to measure real economy, or even the way to manipulate them in order to match results to the political speech (or vice versa). Leaving aside the temptation to manipulate, this “statistical fog” also derives from the fact that the economy is evolving profoundly, and yesterday’s indicators (GDP, unemployment, etc.) are no longer relevant in today’s world. After a few vain attempts to transform these old time indicators, we are able to see new initiatives which we anticipate to be sustainable this time, and which in the short term will form some confusion before harmonizing themselves by 2025, pushed by international bodies such as the G20.

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