1. Jan Marc Berk Director Statistics & Information De Nederlandsche Bank December 14, 2009 Statistics and the crisis: what can be learned?

2. Preliminary Could better statistics have prevented the crisis? What can NSOs learn from the crisis?  Importance of flexible and timely statistics;  Opening up the data vault;  Importance of cooperation between NSOs, CBs and supervisors. Concluding remarks Measuring the business cycle Outline

3. Measuring the business cycle Outline Preliminary Could better statistics have prevented the crisis? What can NSOs learn from the crisis?  Importance of flexible and timely statistics;  Opening up the data vault;  Importance of cooperation between NSOs, CBs and supervisors. Concluding remarks

4. Measuring the business cycle Outline Preliminary Could better statistics have prevented the crisis? What can NSOs learn from the crisis?  Importance of flexible and timely statistics;  Opening up the data vault;  Importance of cooperation between NSOs, CBs and supervisors. Concluding remarks

5. Measuring the business cycle Outline Preliminary Could better statistics have prevented the crisis? What can NSOs learn from the crisis?  Importance of flexible and timely statistics;  Opening up the data vault;  Importance of cooperation between NSOs, CBs and supervisors. Concluding remarks

6. Measuring the business cycle Outline Preliminary Could better statistics have prevented the crisis? What can NSOs learn from the crisis?  Importance of flexible and timely statistics;  Opening up the data vault;  Importance of cooperation between NSOs, CBs and supervisors. Concluding remarks

7. Measuring the business cycle Outline Preliminary Could better statistics have prevented the crisis? What can NSOs learn from the crisis?  Importance of flexible and timely statistics;  Opening up the data vault;  Importance of cooperation between NSOs, CBs and supervisors. Concluding remarks