Economic Research and Statistics
Statistics | ECO Databank | Compendium | Metadata | Methodology |
STATISTICS
Preamble
(ii) Updating ECO Statistical Network with ECOKSIs under new framework of ECO Data Bank and ensure international statistical reporting through ECO Statistical Report, and
(iii) Ensuring adequate capacity building among the ECO-NSOs of Member States (paragraph-18, ‘I’ Sector, Economic Research and Statistics’, ECO Work Programme 2021).
Background:
Economic Cooperation Organization endorsed the area of the Economic Research & Statistics in 2005 as one of its core activities. Over the decade-long existence, this area has produced essential analytical economic reports and consolidated ECO regional data. The High Level Expert Group (HLEGM) was established for the purposes of Statistics in 2006; whereas the ECO Permanent Steering Committee on Economic Research (EPSCER) has been set up in 2010 for the purposes of Economic Research.
The HGLEM on Statistics has its regular meetings to discuss salient matters relating to the ECO regional statistical cooperation among Member States. The National Focal Points have been nominated by ECO Member States to oversee the developments in the area of the ECO regional statistics. Thus, ‘ECO Framework of Cooperation on Statistics’ has recently been reviewed in the light of midterm review toward targets set by ECO Vision 2025. As a result, on 29th June 2021, the Fifth Meeting of the National Statistical Offices of the ECO Member States/7th High Level Expert Group Meeting on Statistics was held virtually at ECO Secretariat. Honorable Sylap Sh. Velbegov, Chairman of State Statistics Committee of Turkmenistan, in his chairing the Meeting has highlighted statistics- policy development qualities as well as the statistical expertise and knowledge sharing at the ECO regional level.
The importance of addressing new technology-driven and thus modernized statistics- requirements via the ECO regional statistics, especially, on Business Register-s development, FISIM with emphasis on Gross Value Added, Price Statistics and Tourism Statistics have been emphasized by the Member States.
With the intention to share knowledge via intensive statistical capacity building across the ECO region, the Member States have agreed on the ‘Five Year Strategic Plan on Statistics’. In regard of the ECO Statistical Capacity Building Programme, the Member States appreciated that a new project proposal, designed to introduce new technology-driven statistical tools, has received support by most ECO Member States.
Statistics
- ECO Statistical Bulletin
- ECO Statistical Report
- Five Year Strategic Plan Action on Statistics
- ECO Framework for Cooperation on Statistics
ECO ECONOMIC RESEARCH
Preamble
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Economic Research Policy |
ECO ECONOMIC RESEARCH PROGRAMME
COMPLETION OF PROJECTS UNDER
(Chronological order registers from most recent)
No. | Project Title | Project Coordinator Country | Registration No. | Subject matter | From | Date of circulation of final report | Year of completion |
1. | ‘Analyzing Food Security Issues in the ECO region’ | I. R. Pakistan | In. No. 24 dated 8 January 2020 (HRD-CRS-231 dated 19 December 2019 in response to facsimile note ECO-7/21/2019/45 dated 19 December 2019 | ‘Project works completed’ | I.R. Pakistan, PIDE | Secretariat Note No. PERS/217/1272 dated 16/10/217 | 2019 |
2. | ‘Exchange of Experience and Strengthening of Interagency Cooperation on the Development of Ecologically Clean Agriculture Model in ECO Member States’ | Republic of Azerbaijan | Embassy Note No. 3094 dated 5 February 2019 in response to Secretariat Note No. PERS/2018/596 dated 13/05/2018 | ‘Request to amend the Final Project Report’ | I.R. Afghanistan | Date of circulation of Final Report: 13 May 2018 and also on 4 May via Note. PERS/Projects/2018/301 dated 4/3/2018. | 2019 |
Republic of Azerbaijan | Embassy Note No. 4/347/19 dated 3 June 2019 | ‘Finalizing project-s final payments’ | Republic of Azerbaijan | ||||
3. | ‘Economic Management Modeling in the ECO region’ | I. R. Pakistan | Note No. PERS/Economic Modeling/2018/661 dated 5/6/2018 | ‘Conveying suggestions of the Republic of Turkey’ | ECO Secretariat to I.R. Pakistan, PIDE | Date of circulation of Project Report: 12 February 2018 via Note PERS/Projects/PIDE/2018/220. | 2019 |
I. R. Pakistan | PIDE Note via Embassy incoming No. 898 dated 30/10/2019 | ‘100 hard copies’ | I.R. Pakistan, PIDE | Obtaining 100 hard copies of the research project on 30 October 2019 | |||
4. | ‘Trading Patterns in the ECO region’ | I.R. Pakistan | PIDE Note via Embassy No. ECO-7/2120/ (A)01 dated 26 January 2020 | ‘Finalizing project-s final payments’ | I.R. Pakistan, PIDE | No hard copies were obtained rather the consolidated soft file for online posting. | 2019 |
5. | ‘Prospects of Intra-regional Trade in ECO region’ | Republic of Kazakhstan | As first recommended by 18th Regional Planning Council Meeting (para-225, 18th RPC Report, 3-6 March 2008, Islamabad) preceded by discussions at 5th National Focal Points (NFPs) Meeting on Economic Research (29-30 June 2006, Tehran) and upon the decision of 6th NFPs Meeting on Economic Research (17-18 November 2008, Ankara). Report of 24th RPC (23-26 February, 2014, ECO Secretariat) paragraph-242: ‘The Council noted with satisfaction the completion of the economic research project on ‘Perspectives of Intra-regional Trade in ECO Countries‘ by the Economic Research Institute of the Republic of Kazakhstan as the Coordinating Country in 2013. The Council appreciated that the final Report of the project was already circulated to Member States (by note No. 1841 dated 28 October 2013) and is posted on the ECO webpage by the Secretariat for wide public access’. |
Presented to the 2nd ECO Permanent Steering Committee on Economic Research/ECO Editorial Board Meetings on 5-6 September 2013. | Ministry of Economy and Budget Planning of the Republic of Kazakhstan JSC آ«Economic Research Instituteآ» |
100 hard copies of the research project were displayed during 24th RPC Meeting on 23-26 February, 2014 at ECO Secretariat; handed in (free of charge) to the participants |
2014 |
6. | ‘Comparative Study on the Relationship b/w Energy Consumption and Social and Economic Indicators in ECO Countries’ | I. R. Iran | Report of 24th RPC (23-26 February, 2014, ECO Secretariat) (paragraph-242: ‘The Council also noted with satisfaction the completion of the two research projects carried out by Iran: (i) ‘ECO: Prospects and Achievements’ and (ii) ‘Comparative Study on the Relationship b/w Energy Consumption and Social and Economic Indicators in ECO Countries‘. | Presented to the 2nd ECO Permanent Steering Committee on Economic Research/1st ECO Editorial Board Meetings on 7-8 November 2012 in Baku. | Population Studies and Research Centre for Asia and the Pacific of the Islamic Republic of Iran (PSRC) | 100 hard copies of the research project were displayed during 1st ECO Economic Think Tank Forum and distributed (free of charge) to participants on 5-6 September 2013 | 2013 |
7. | ‘ECO: Prospects and Achievements’ | I. R. Iran | Report of 24th RPC (23-26 February, 2014, ECO Secretariat, paragraph-242). | Presented for viewing of the 20th RPC (15th October 2012, Baku) among other display materials. | 11 books were provided by the Tehran University to ECO Secretariat | 95 Hard copies of the project distributed among participants of sensitization conference at Tehran University in 2012 on November 28th – ECO Day. | 2012 |
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Editorial Policy of the ECO Economic Journal.pdf |
ECO Economic Research Center
On the sidelines of the 14th ECO Summit Meeting, the Charter of the ECO Research Center (ERC) has been signed by the Republic of Azerbaijan and Republic of Turkey. The Member States have been appreciated the effort of the Republic of Azerbaijan (Host of ERC) for the efficient functioning of the Center, based in Azerbaijan.
The remaining Member States of ECO have been welcomed to sign the Charter. For convenience, the original text of the Charter is made available at premises of the Ministry of Foreign Affairs (MFA) of the Republic of Azerbaijan. Heads of Diplomatic Missions of each of ECO Member States accredited in Baku are welcome to visit the MFA premises to sign the Charter.
The 31st Meeting of the ECO Regional Planning Council held on 12-21 January 2021 at ECO Secretariat (virtual mode) ‘appreciated the recent developments in finalizing the preparation of the ECO Economic Research Center-s (ECR) Charter and initiation of signing procedures and, in that regard, recommended that the ECR start functioning at the earliest’ (paragraph-31, ‘I’ Sector, Economic Research and Statistics’, ECO Work Programme 2021).
ECONOMIC RESEARCH
(i) Disseminating good study projects- examples at ECO regional level based on the
successful completion of the ECO Economic Research Programme (EERP);
(ii) Developing, jointly with SESRIC, a new content of the ECO Programme on Economic Research (as envisaged in the MoU between ECO and SESRIC in 2018);
(iii) Ensuring full-fledged functioning of the ECO Permanent Steering Committee on Economic Research (PSCER);
(iv) Organizing the 3rd preparatory Meeting of the ECO Economic Think Tanks Forum (virtual mode);
(v) Re-activating the functioning of ECO Editorial Board in line with its Terms of reference, and
(vi) Ensuring yearly release of the ECO Annual Economic Report (AER) as envisaged in the Treaty of Izmir (paragraph-48, ‘I’ Sector, Economic Research and Statistics’, ECO Work Programme 2021).
Background:
The ECO PSCER, since its inception in 2010, has duely arranged for the annual issues of the ECO Annual Economic Report as well as the research-based publication of the ECO Economic Journal (EEJ) for which it established its editorial arm i.e. ECO Editorial Board. In preparing for the upcoming 6th EPSCER Meeting scheduled for December 2021, EPSCER, jointly with its Editorial Board of EEJ, is set to consider draft ‘ECO Research Policy‘ and, validate the current issue of ECO Annual Report. It is expected that the Editorial Board of EEJ will consider to select deserved economic scholars- articles, papers, essays, and manuscripts for publishing in the ECO Economic Journal.
Else, along the line of economic fora, EPSCER has initiated, in 2010 on the sidelines of Astana Economic Forum, its brainstorming vehicle. Such tool was initially designed to be activated via economic forum think tank institutions. In February 2020, ECO Secretariat has circulated to the Member States, via official channels of communication, the list of globally-rated think tank institutions that included ECO-s regional economic research institutions and high profile analytical centres in five nominations.
Under the ECO umbrella-type institutional framework, ECO-s regional think tank forum was activated via ERC of which the Charter was signed by Turkey and Azerbaijan on the sidelines of the ECO Summit Meeting on 4th March 2021; currently, all member countries are welcome to sign it.
Over the past, ECO region-s economist-scientists have actively taken part in the first two ECO Economic Think Tank Forums that were held in 2013-2014 at ERC. Such economic fora have proven multiple beneficial platforms for presenting policy papers-based on economic research and brainstorming on ECO-specific regional economic research.
To implement the Treaty of Izmir provision relating to regional entities, the 31st ECO Regional Planning Council (12-21 January 2021, ECO Secretariat (virtual mode)) in paragraph 30 of its Report ‘appreciated the recent developments in finalizing the preparation of the ECO Economic Research Center-s Charter and initiation of signing procedures and, in that regard, recommended that ERC start functioning at the earliest’.
Economic Research:
ECO Annual Economic Reports
ECO Annual Economic Report | Period | Source and publication schedule |
Issue No.22 | 2021 | Scheduled for release by March 2022 |
Issue No.11 | 2017-2020 | Draft scheduled for validation by ECO PSCER (December 2021) |
Issue No.10 | 2000-2015 | https://eco.int/elib/85639-Fifteen-Years-of-Cooperation-and-Development-2000-2015.html?t=E-Library |
Issue No.9 | 2014 | https://eco.int/elib/85640-Annual-Economic-Report-2014.html?t=E-Library |
Issue No.8 | 2013 | https://eco.int/elib/85641-ECO-Annual-Economic-Report-2013.html?t=E-Library |
Issue No.7 | 2012 | https://eco.int/elib/85642-ECO-Annual-Economic-Report-2012.html?t=E-Library |
Issue No.6 | 2011 | https://eco.int/elib/85643-ECO-Annual-Economic-Report-2011.html?t=E-Library |
Issue No.5 | 2010 | https://eco.int/elib/85644-ECO-Annual-Economic-Report-2010.html?t=E-Library |
Issue No.4 | 2009 | https://eco.int/elib/85645-Annual-Economic-Report-2009.html?t=E-Library |
Issue No.3 | 2008 | https://eco.int/elib/85646-ECO-Annual-Economic-Report-2008.html?t=E-Library |
Issue No.2 | 2007 | https://eco.int/elib/85647-ECO-Annual-Economic-Report-2007.html?t=E-Library |
Issue No.1 | 2006 | https://eco.int/elib/85648-ECO-Annual-Economic-Report-2006-07.html?t=E-Library |
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Relevant Documents
Call for Paper.pdf
ECO National Focal Points on Economic Research.pdf
Formulation of ECO Economic Research Strategy.pdf
Key highlights of ECO Economic Research Strategy.pdf
Announcement.pdf
Economic Research Policy.pdf
Editorial Policy of the ECO Economic Journal.pdf