Harnessing the Power of Big Data for Trade and Competitiveness Policy

Big data solutions have the potential to accelerate the work of our teams by deriving timely, accurate, and actionable insights from alternative data sources in order to close data gaps and inform policymaking. For example, pilot projects underway...

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Main Author: World Bank Group
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/146901489069602323/Harnessing-the-power-of-big-data-for-trade-and-competitiveness-policy
http://hdl.handle.net/10986/26266
id okr-10986-26266
recordtype oai_dc
spelling okr-10986-262662021-06-14T10:10:55Z Harnessing the Power of Big Data for Trade and Competitiveness Policy World Bank Group big data city innovation non-tariff measures machine learning export competitiveness trade anticompetitive behavior competition law Big data solutions have the potential to accelerate the work of our teams by deriving timely, accurate, and actionable insights from alternative data sources in order to close data gaps and inform policymaking. For example, pilot projects underway in the Trade and Competitiveness practice are exploring the use of data science techniques to harness publicly available government and commercial data to aid competition authorities in detecting cartels and other anti-competitive practices. We are also mining Internet data to measure innovative economic activity in cities, so agencies can make better informed policy decisions and, we are collecting regulatory data to classify and assess the impacts of non-tariff measures on economies and their competitiveness. This paper, prepared in collaboration with Deloitte and with other global practices within the Bank Group, highlights data-driven pilot projects underway in the Trade & Competitiveness Global Practice and shares compelling cases of how big data is changing the way we look at the challenges countries are facing and how we can best support them. 2017-03-15T16:40:30Z 2017-03-15T16:40:30Z 2017-03 Working Paper http://documents.worldbank.org/curated/en/146901489069602323/Harnessing-the-power-of-big-data-for-trade-and-competitiveness-policy http://hdl.handle.net/10986/26266 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic big data
city innovation
non-tariff measures
machine learning
export competitiveness
trade
anticompetitive behavior
competition law
spellingShingle big data
city innovation
non-tariff measures
machine learning
export competitiveness
trade
anticompetitive behavior
competition law
World Bank Group
Harnessing the Power of Big Data for Trade and Competitiveness Policy
description Big data solutions have the potential to accelerate the work of our teams by deriving timely, accurate, and actionable insights from alternative data sources in order to close data gaps and inform policymaking. For example, pilot projects underway in the Trade and Competitiveness practice are exploring the use of data science techniques to harness publicly available government and commercial data to aid competition authorities in detecting cartels and other anti-competitive practices. We are also mining Internet data to measure innovative economic activity in cities, so agencies can make better informed policy decisions and, we are collecting regulatory data to classify and assess the impacts of non-tariff measures on economies and their competitiveness. This paper, prepared in collaboration with Deloitte and with other global practices within the Bank Group, highlights data-driven pilot projects underway in the Trade & Competitiveness Global Practice and shares compelling cases of how big data is changing the way we look at the challenges countries are facing and how we can best support them.
format Working Paper
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Harnessing the Power of Big Data for Trade and Competitiveness Policy
title_short Harnessing the Power of Big Data for Trade and Competitiveness Policy
title_full Harnessing the Power of Big Data for Trade and Competitiveness Policy
title_fullStr Harnessing the Power of Big Data for Trade and Competitiveness Policy
title_full_unstemmed Harnessing the Power of Big Data for Trade and Competitiveness Policy
title_sort harnessing the power of big data for trade and competitiveness policy
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/146901489069602323/Harnessing-the-power-of-big-data-for-trade-and-competitiveness-policy
http://hdl.handle.net/10986/26266
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