Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014...
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Transcript of Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014...
Open Data and Economic Growth
Andrew Stott Senior ConsultantWorld Bank
Washington DC23 July 2014 v0.2
Why is Open Data beneficial?
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New Services
3
estate agents/ realtors
Financial services
builders and other local services
Greater Efficiency
4
Better Decisions
5
The Size of the Potential Prize
6
McKinsey Global Institute
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European Commission: Vickery & Deloitte
Open Gov Data in EU would
‒ increase business activity by up to €40 Bn/yr
‒ have total benefits up to €200 Bn/yr
Open Data was reused 10x-100x
New types of re-users, in particular SMEs.
Costs increase very little
8
Omidyar/Lateral Economics
9
Mechanism % of Aus GDP
Trade facilitation 0.10
Fiscal and Monetary Policy 0.23
Anti-Corruption 0.10
Employment Efficiency 0.22
Energy Efficiency 0.11
Infrastructure – optimising use 0.13
Infrastructure – efficiency in building 0.10
Possible Benefits of Open Data
10
Date Study Total (%GDP)
2013 McKinsey 4.1
2011 EC 1.5
2014 Lateral Economics 1.1
2013 Shakespeare 0.4
Normalised using IMF, World Bank and OECD data
What are the Open Data Businesses
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Suppliers
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2004 2010
Online publications
Pay per use Free of charge
Downloads 130,300 1,093,000
Premium Accounts
36 69
Premium analyses
78,000 EUR 152,000 EUR
Aggregators
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Developers
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Enrichers
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Enablers
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Measuring Benefits is not easy
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Timescale?
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Which data is most valuable or most widely valuable?
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Geospatial Reference Data: Maps & Addresses
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Transport Information
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Census and other detailed statistics
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Government Spending and Procurement
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Weather Data
How can Governments achieve the benefits?
25
Government as Supplier
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Government as Leader
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Government as Catalyst
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Government as User
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How far is this potential available to developing countries?
Relative size of sectors?Gaps between current and potential
efficiency?Availability of data?Public Management model?Infrastructure?Skills?Business environment?Markets for data-rich services?
30
Thank you
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