What would change if we could track poverty in real time and had accurate, up-to-date poverty estimates at our fingertips? The poverty rate is a crucial indicator for monitoring the development of our countries and for the design and evaluation of public policies. However, official poverty rates are derived from household surveys that often have limited frequency, problems … [Read more...] about Nowcasting Poverty: Revolutionizing Estimates in Central America and the Dominican Republic
Four Key Lessons for Effective Management of National Statistical Offices
High-quality national statistics are indispensable for effective policymaking. For instance, without high- quality poverty data, anti-poverty policies will target the wrong beneficiaries; and without high-quality inflation data, monetary policies will stimulate the economy in the wrong moments. National Statistical Offices (NSOs) have thus spent decades perfecting … [Read more...] about Four Key Lessons for Effective Management of National Statistical Offices
Open Data: More Than Just Publishing Data.
What do we understand by open data? Considering the various interpretations that exist regarding the concept of open data, we can say that, to a greater or lesser extent, they define open data as data published under certain technical (machine-readable) and legal (having a license that allows free use, reuse, and dissemination) characteristics. However, beyond this … [Read more...] about Open Data: More Than Just Publishing Data.
Face ID: Is our biometric facial data being safeguarded?
In a world where facial recognition technology (FRT) is rapidly expanding, its use has been increasingly applied in daily situations such as accessing a bank account through a mobile, registering attendance at the office, or authenticating our identity in airports. Along with this widespread implementation, it also raises significant concerns about the safeguards of the … [Read more...] about Face ID: Is our biometric facial data being safeguarded?
What works to generate impact in the control of corruption: The role of artificial intelligence
During the IDB’s 2023 Knowledge Week, economists Michael Kremer and Esther Duflo highlighted the importance of working in tandem with academics and promoting innovative initiatives, for producing robust evidence regarding potential solutions to the different problems which are currently affecting our region. Among these problems, bureaucratic corruption is a leading one; … [Read more...] about What works to generate impact in the control of corruption: The role of artificial intelligence