@alexcobham Is it that international norms on how this trade is reported should change? Or internatinal norms fine, but Swiss breaking them?
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Replying to @MForstater
@MForstater neat philosophical q: do we think of norm in terms of the de jure (not all report transit trade so maybe OK for Swiss not to?);2 replies 0 retweets 0 likes -
Replying to @alexcobham
@alexcobham From reader POV “int. norm” implies de jure or at least general practice - impression is that Swiss practice out of line. Is it?1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater what I meant in previous tweets: no consistent transit reporting norm, but norm of reporting major trade role. Which applies?1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater one out of line, one less clearly. Is it unfair to point out Swiss trade opacity if they just happen to be in most opaque form?2 replies 0 retweets 0 likes -
Replying to @alexcobham
@alexcobham Which other countries report on merchant (main issue here, not transit?) trade flows, not as service? Who to/how? Is there std?1 reply 0 retweets 0 likes -
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Replying to @alexcobham
@alexcobham - last one not tricky philosophical q. Should be straightforward. If Swiss merchant trade is opaque, who is the comparator?1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater for example, while UN rec is not to report transit trade, in mid 90s you see other hubs eg Sgp do so http://unstats.un.org/unsd/tradereport/questform.asp?qid=30 …2 replies 0 retweets 0 likes -
Replying to @alexcobham
@MForstater on merchant trade specifically, this would normally recorded in balance of payments stats - check IMF manuals for detail1 reply 0 retweets 0 likes
@alexcobham In IMF rules shld countries be reporting merchant trade at detailed level that wld allow commodity price margins to be tracked?
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Replying to @MForstater
@MForstater right, q remain over level of disaggregation0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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