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Soviet Economy: Assessment of How Well the CIA Has Estimated the Size of the Economy

NSIAD-91-274 Published: Sep 30, 1991. Publicly Released: Oct 30, 1991.
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Highlights

Pursuant to a congressional request, GAO reviewed the Central Intelligence Agency's (CIA) methods for estimating the size of the Soviet Union's economy focusing, on: (1) how well the CIA has calculated the Soviet gross national product (GNP) both in rubles and as a percentage of U.S. GNP; and (2) prospects for future improvements in CIA estimates.

Recommendations

Recommendations for Executive Action

Agency Affected Recommendation Status
Central Intelligence Agency If CIA continues its GNP estimating work, the Director, CIA, should direct the CIA task force to address the key research issues affecting the Agency's Soviet GNP estimates, to the extent that it has not already planned to do so.
Closed – Not Implemented
The Soviet Union no longer exists.
Central Intelligence Agency If the conditions in the Soviet Union necessitate that CIA continue to estimate Soviet GNP, the Director, CIA, should present the CIA comparison estimate as a range rather than a single point estimate, and explain the criteria and methodology used to calculate the range.
Closed – Not Implemented
The Soviet Union no longer exists.
Central Intelligence Agency If conditions in the Soviet Union necessitate that CIA continue to estimate Soviet GNP, the Director, CIA, should collect Soviet price data to recalculate purchasing power ratios as soon as Soviet economic conditions allow, unless CIA chooses to adopt the results of other comparison efforts, such as the ongoing United Nations-sponsored international comparison of Soviet GNP.
Closed – Not Implemented
The Soviet Union no longer exists.

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Topics

Comparative analysisData collectionEconometric modelingEconomic analysisEconomic indicatorsEconomic policiesEvaluation methodsForeign currencyGross national productStatistical data