Data for Effective Policy Making | IDBx on edX

Data for Effective Policy Making | IDBx on edX


[MUSIC PLAYING] SPEAKER 1: Data, 2.5
million gigabytes of data are received and generated worldwide. They are everywhere, in phones, on
social networks, and in newspapers. But, moreover, they’re generated
every time we make a purchase, send a text message, or write a report. In 2007 alone, 295 billion gigabytes
of data were generated on the planet. Does this seem like an
overwhelming number? Well, it is. Imagine if we could store all
that information on digital drives and place them on a
line next to each other. That line of drives would travel
around the Earth more than 11 times. But what good is all this information? It’s clear that it’s not enough
to only have access to it or to just store it away. Here, the important thing
is to make sense of it and use it to make decisions
and solve problems. For years, public
institutions in the world have stored all kinds
of information banks. Not everyone knows that the
Inter-American Development Bank has compiled data from different
sectors for more than 50 years and makes it publicly available in
the numbers for development portal. So why don’t governments always
base their decisions on evidence? Today, more than ever
it’s crucial to use data in the design of public policies that
seek to solve the real problems faced by the population. Sign up now and discover
that making smart decisions is easier than you thought. [MUSIC PLAYING]

Danny Hutson

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