The ascent of financial inclusion in the policy agendas of governments and international organizations has been swift, to say the least. Its rise has been accompanied by a torrent of financial inclusion data, from supply-side indicators of bank branch penetration, to demand-side measures of the usage of formal accounts, to wide-ranging data on finance at the firm level. Yet with all these different datasets floating around, it has often been difficult to arrive at a holistic understanding of the financial inclusion landscape in a particular country, or develop international standards of measurement and monitoring. With the release on April 21st of the G20’s Financial Inclusion Data Portal showcasing the ‘G20 Basic Set of Financial Inclusion Indicators’, we hope that that will change.
This post is part of the Q&A Series with the Data Ambassadors from DataDive2013. You can also read an interview with the fraud and corruption data ambassadors, a recap of Data Dive 2013, and watch the presentations from the weekend.
Photo credit: Itir Sonuparlak
During DataDive 2013, each project had an assigned data ambassador, a leader to guide and direct the research and efforts of the teams. In the days following the DataDive, we spoke with two of the data ambassadors from the fraud and corruption related projects to learn more about their experiences. Read their responses below and join the conversation in our comments section.
- Taimur Sajid develops financial models to asses risk for a financial firm and acted as a data ambassador during the DataDive.
- Marc Maxson is an Innovation Consultant with Global Giving and brought his Heuristic Auditing Tool to the DataDive.
This post is part of the Q&A Series with the Data Ambassadors from DataDive2013. You can also read an interview with the poverty data ambassadors, a recap of Data Dive 2013, and watch the presentations from the weekend.
Data Ambassadors posing at the end of DataDive 2013. Photo Credit: Carlos Teodoro Linares Carvalho.
During DataDive 2013, each project had an assigned data ambassador, a leader to guide and direct the research and efforts of the teams. In the days following the DataDive, we spoke with four of the data ambassadors from the poverty projects to learn more about their experiences. Read their responses below and join the conversation in our comments section.
- Monique Williams is an independent consultant and a statistician at the U.S. Government Accountability Office. She led and represented the UNDP Resource Allocation team.
- Nick McClellan is the web production editor for the New America Foundation and he represented the Night Illumination team.
- Max Richman is an independent consultant who provides research and technology services to non-profits, foundations and governments focused on international development. He led the Website Scraping team.
- Tom Levine works in data analysis and he represented the Arabic Tweets project.
April 15, 2013--The private sector could play a key role in ending extreme poverty by 2030 by gathering high quality data and evidence of entrepreneurial impact in developing countries, speakers said at a conference organized by IFC and the Bill & Melinda Gates Foundation ahead of the World Bank-IMF Spring Meetings.
World Bank Group President Jim Yong Kim and IFC CEO Jin-Yong Cai of the Bank Group’s private sector arm called the private sector an invaluable ally in a plan to reduce global extreme poverty to 3% by 2030, and foster income growth of the bottom 40% of the population in every country. Those targets will be proposed to the World Bank’s Board of Governors this weekend.
“There is no way that we’ll get there without a robust private sector that is creating the jobs that are critical to lifting people out of poverty,” said Dr. Kim at The Private Sector and Ending Poverty conference.
“The extent to which we commit to working with the private sector to foster growth will determine how ambitious we can be for the poorest people in the world.”
The event, attended by a cross-section of private sector companies, academics, think tanks, and foundations, was watched in Pakistan, Ghana, Albania, Venezuela and Colombia, among other countries, and followed on Twitter with #Results4Impact and #wblive.
Yesterday, on the eve of World Water Day, NASA and the United States Geological Survey released the first images from the thermal imaging band of its latest launch of the LANDSAT satellite. The satellite will begin regularly producing data on May of this year. Why does that matter? It is the latest improvement in a technology that, in my opinion, has the power to revolutionize water management around the world.
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What can be done to help African youth improve their prospects for a brighter future?
The first step might be to understand the challenges they face.
Recently, Microsoft Chairman and philanthropist Bill Gates wrote a terrific piece in the Wall Street Journal on why we need to measure the world’s problems to solve them. “You can achieve incredible progress if you set a clear goal and find a measure that will drive progress toward that goal…,” said Gates.
These are some of the views and reports relevant to our readers that caught our attention this week.
"Over the past several years two seemingly independent ideas have been gaining traction:
- New technology allows developing nations to leapfrog over traditional growth patterns (M-PESA, long-range wi-fi).
- The increasing move towards “convenience models” may be pointing the US’ tech sector away from innovation (Peter Thiel’s “they promised us flying cars but instead we got 140 characters”).
In a recent working paper for the National Bureau of Economic Research, economist Robert J. Gordon writes that the US’ current wave of innovation is less of a step forward and more of a lateral move, merely finding novel ways to use innovations made 20 years ago, sitting him squarely alongside Thiel. To illustrate, Gordon asks the following hypothetical question between two options, A and B:
With option A you are allowed to keep 2002 electronic technology, including your Windows 98 laptop accessing Amazon, and you can keep running water and indoor toilets; but you can’t use anything invented since 2002. Option B is that you get everything invented in the past decade right up to Facebook, Twitter, and the iPad, but you have to give up running water and indoor toilets. You have to haul the water into your dwelling and carry out the waste. Even at 3am on a rainy night, your only toilet option is a wet and perhaps muddy walk to the outhouse. Which option do you choose?" READ MORE
The newest trend in Big Data is the personal touch. When both the New York Times and Fast Company have headlines that trumpet: “Sure, Big Data Is Great. But So Is Intuition.” (The Times) and “Without Human Insight, Big Data Is Just A Bunch Of Numbers.” (Fast Company) you know that a major trend is afoot.
So what’s up?
The claims for what Big Data can do have been extraordinary, witness Andrew McAfee and Erik Brynjolfsson’s seminal article in October in the Harvard Business Review: “Big Data: The Management Revolution,” which began with the showstopper: “‘You can’t manage what you don’t measure.’” It’s hard not to feel that Big Data will provide the solutions to everything after that statement. As the HBR article noted: “…the recent explosion of digital data is so important. Simply put, because of big data, managers can measure, and hence know, radically more about their businesses, and directly translate that knowledge into improved decision making and performance.”
Sophisticated campaign communication (an important part of political communication) is a field both invented and dominated by American practitioners and scholars. When I ask my associates in the field why this is so, the reason they usually give me is the sheer quantity and frequency of democratic elections in the American political system. Therefore, they point out, human and material resources have been poured into the science and the art of winning election campaigns. What is important for our purposes is that the practices of American political communicators tend to spread worldwide... like much else in American culture. Politicians in newly democratizing polities have for decades now invited American political consultants to help them run and win elections. Local specialists have also mushroomed, many of them trained by the American universities who offer amazingly good degrees in communication, particularly political communication. If you are interested in campaign communication as a global phenomenon, a good place to start is Fritz Plasser's Global Political Campaigning: A Worldwide Analysis of Campaign Professionals and Their Practices (2002).
My bet is that at least two aspects of the recently concluded presidential election campaign in the United States -- a spectacular showcase of political communication at work -- will prove influential globally. President Obama was re-elected and it was a big win, but for campaign communication two methods won big victories of their own and they are likely to be flattered with imitation worldwide. They are as follows:
After the post was vacant for more than a year, Jennifer Keesmaat started this month as the Chief Planner for the City of Toronto. One of the first things she did was write an excellent article in the local newspaper arguing ‘our cities will define our future’. She makes the case for Toronto – but the same argument can be made globally and even more strongly for cities like Jakarta, Lagos, Sao Paulo, Belo Horizonte, Nanjing and Kunming. We are truly in the thick of the Urban Century; we are building cities at a faster rate than ever before, and increasingly these cities are defining our and our children’s future.
Today the world seems to hold its breath again amidst the sudden hike in food prices caused by a historical drought in the US and lack of rain in Eastern Europe. It is a thorny task to predict whether the very recent increases in food prices will unfold into magnitude of the crises seen in 2007-08 and again in 2010-2011: differences between now and then in the price of energy, a critical driver of food prices, give a reason for optimism; as does the hope that governments now better understand the painful consequences of some panic policies that have been put in place during previous episodes. On the other hand, months of volatility in global food prices, low food stocks and food security crisis alerts in parts of East and West Africa all paint a gloomy picture.
With a data revolution upon us and as we strive to keep up in this new age of participation, what counts matters and is acted upon. If advertisers can mine our online behavior, how we use our phones and where we spend to influence our consumer choices, then surely we can design smart social programs based on gender-disaggregated data that will narrow the gaps between men and women in social and economic life, right? These and other questions were posed at an event today on “Evidence and Impact: Closing the Gender Data Gap."
What was inspiring was that two heavy-hitters – World Bank Group President Jim Yong Kim and US Secretary of State Hillary Rodham Clinton – spoke eloquently about the power of data to maximize results and shape policies, whether in terms of higher productivity on farms in Africa, better social safety net programs in Peru, or more effective peace and reconciliation initiatives in post conflict countries.
The phrase “gender gap” may be well known – but what about the gender gap for data? Today at an event at the Gallup Organization in Washington, D.C., U.S. Secretary of State Hillary Clinton and World Bank Group President Jim Yong Kim called for better data-gathering on girls and women as an essential way to boost women’s empowerment and economic growth.
“Gender equality is vital for growth and competitiveness,” said Dr. Kim at “Evidence and Impact: Closing the Gender Data Gap” in Washington, co-hosted by the State Department and the Gallup Organization.
But the lack of gender-disaggregated data hampers development efforts in many countries, Dr. Kim said.
“We need to find this missing data. We need to make women count.”