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

@dirdigengandrew.stott@dirdigeng.com

Why is Open Data beneficial?

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New Services

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estate agents/ realtors

Financial services

builders and other local services

Greater Efficiency

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Better Decisions

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The Size of the Potential Prize

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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

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Omidyar/Lateral Economics

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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

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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?

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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?

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Thank you

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