Policymaking: New Frontiers Using Big Data

Author:Marika Santoro
Pages:15-17
SUMMARY

In our previous issue, we flashed how the wave of big data has been a game changer in the past decade and what new avenues it can open for the field 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. The capability to produce new indicators, tackle official data time lags, and... (see full summary)

 
FREE EXCERPT
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

To continue reading

REQUEST YOUR TRIAL