Policymaking: New Frontiers Using Big Data

• Author: Marika Santoro
• Pages: 15-17

POLICYMAKING: NEW FRONTIERS USING

IMF RESEARCH perspectives | IMF.org/researchbulletin

In our previous issue, we ashed how the wave of big data has been

a game changer in the past decade and what new avenues it can open

for the eld of economics. More important (if you are a policymaker),

the large pool of information available digitally can provide new tools

to guide and support policy decisions. e capability to produce new

indicators, tackle ocial data time lags, and support forecasting can

be vital for increasing the speed of inception and implementation in

policymaking. A wide array of projects at the IMF has recently aimed

to explore the potential in this area.

Marika Santoro

msantoro@IMF.org

15

Illustr ation: Stefan Lip sky