a column by Susan Ariel Aaronson for VOX: CEPR’s Policy Portal
While data are cheap and plentiful in many developing countries, data analysis, with its dependence on infrastructure and highly skilled labour, is expensive.
This column asks whether developing countries are ready for the new data-driven economy and how development organisations might help them. It concludes that developing countries should be encouraged to develop plans for data governance and to experiment through technical assistance, regulatory sandboxes and collaboration.
At the same time, development agencies and advocates need to wrestle with important questions about data-driven growth.
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Labels:
data, data _analysis, developing_countries, digital _revolution,
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