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January 2017

Searching for New, Better Data to Measure GVCs

Klaus Tilmes's picture
Statistical and international development agencies are working together to try to improve and develop novel ways of measuring countries’ participation in global value chains (GVCs) in the hopes that better data equals better development outcomes.

More and better data capturing the dynamics of GVCs are needed to help governments put in place appropriate policies that support GVC integration and boost employment and productivity in agriculture, manufacturing, and services, while also improving worker well-being, social cohesion, and environmental sustainability.

TCdata360: Filling Gaps in Open Trade and Competitiveness Data

Klaus Tilmes's picture
The World Bank Group just launched a new open data platform for trade and competitiveness – TCdata360. Try it today and share your visuals on Twitter with the hashtag #TCdata360.

Open data – statistics that are accessible to all at little or no cost – is a critical component of global development and the World Bank Group’s twin goals of ending poverty and boosting shared prosperity. How can we measure progress towards our objectives without a method of tracking how far we’ve come?