The Economic Statistics Working Group (ESWG) is a joint initiative between a number of expert groups, including the Royal Economic Society, the Society of Professional Economists and the Royal Statistical Society, working with the Office for National Statistics, in order to engage with issues around economic measurement. ESWG member and chair of ONS Economic Experts, Joe Grice, explains what the group has done so far and its aims for the future.
We live in a world where huge changes are occurring both in our societies and the ways that our economies work. Advances in technology mean that new products and services are emerging that did not exist only a few years ago: a mobile phone today is a very different proposition from one ten years ago. These same leaps in technology are also influencing existing products and services, pervasively changing their character and quality.