Big data for development: Beyond Transparency
July 24, 2012 Editor 0
For the development community, the focus on ‘data’ has been very much on open data: making public where aid dollars are being spent. This is no small task, and I welcome the rise of platforms and initiatives such as The World Bank’s Mapping for Results, DFID’s Project Map, aidinfo and the International Aid Transparency Initiative. Transparency about aid is very important – it raises public awareness of development work, it enhances accountability among both the givers and receivers of aid, and it can drive out waste, bureaucracy and corruption.
But we can do much more with data. Big business already gets this: companies from Tesco to Facebook have been using the data they collect to gain valuable insight on their users and drive efficiency for years. It’s time for governments and the third sector to catch up. In many cases these groups, such as microfinance organisations, local government and community health centres, already collect plenty of data, but don’t make much use of it.
- Financial Inclusion Up Close in Rwanda
- Using Open Data to drive innovation, collaboration and change in India
- Competitiveness and Innovation take center stage in Brussels Conference
- Foreign direct investment and development: Insights from literature and ideas for research
- Building for Development: Could Infrastructure Draw Unexpected Investors to Africa?
- The ICT4D Funding Conundrum And Why Pilotitis Needs to Change
Categories: World Bank PSD
Subscribe to our stories
- Giving Francophone African incubators the keys to accelerate growth entrepreneurship February 13, 2018
- Is acceleration the panacea for scaling growth entrepreneurs? Reflections from XL Africa February 13, 2018
- Why providing pre-seed and seed capital is the essential step to bringing West Africa and Sahel’s entrepreneurs to the next level February 13, 2018
- Global Investment Competitiveness: New Insights on FDI February 2, 2018
- BioInnovate Africa phase II launched February 2, 2018