Assessing the Impact of Economic Reform

Assessing the Impact of Economic Reform

AssessingAssessing thethe ImpactImpact ofof EconomicEconomic ReformReform OECDOECD WorldWorld ForumForum onon Statistics,Statistics, KnowledgeKnowledge andand PolicyPolicy JonJon Hall,Hall, WorldWorld ForumForum ProjectProject Leader,Leader, OECDOECD [email protected]@oecd.org 1 1 “We have to move towards measuring welfare not just output. ” Angel Gurria, OECD Secretary General - OECD Ministerial Meeting May 2007 2 2 IntroductionIntroduction Q Economic reform is not an end in itself – there is more to life than GDP Q But how do we assess reform? How do we decide whether it is leading to progress? Q Progress for whom? In which ways are societies progressing? Where is there cause for concern, and where is they reason for optimism? st Q Indeed, what does progress (or ‘reform’) mean in the 21 century? 3 3 SomeSome ““megatrendsmegatrends”” Q Around the world, societies are increasingly concerned with their quality of life and a consensus is growing around the need to develop a more comprehensive view of progress rather than focussing on the economic one (GDP). Q Mistrust in national governments (and therefore in national statistical offices). Q Growing number of “agents” in the society (NGOs, etc.). Q Individuals are asked to take decisions that in the past were taken by the government (pensions, school, etc.). Q In an age of unprecedented, and overwhelming, information flows, the common understanding necessary for informed public discourse is often inadequate. 4 4 TheThe OECDOECD Q The OECD brings together the governments of 30 member countries committed to democracy and the market economy to: – • Support sustainable economic growth • Boost employment • Raise living standards • Maintain financial stability • Assist other countries' economic development • Contribute to growth in world trade Q Long history in developing statistical standards, best practices, common definitions Q Collecting and compiling comparable data across the OECD and some non-member countries 5 5 TheThe IstanbulIstanbul WorldWorld ForumForum Q 1200 people from 130 countries Q Presidents, ministers, leading academics and civil societarians, private sector and media Q What is Progress? Q What information do we need to assess progress in key global concerns? Q From outputs to outcomes - how can we get measures used by a broad audience? 6 6 TheThe IstanbulIstanbul DeclarationDeclaration Q A culture of evidence-based decision making has to be promoted at all levels of government, to increase the welfare of societies. Q We affirm our commitment to measuring and fostering the progress of societies in all their dimensions and to supporting initiatives at the country level. Q We urge statistical offices, public and private organisations, and academic experts to work alongside representatives of their communities to produce high-quality, facts-based information that can be used by all of society to form a shared view of societal well-being and its evolution over time. 7 7 TheThe GlobalGlobal ProjectProject onon MeasuringMeasuring thethe ProgressProgress ofof SocietiesSocieties Q Working with the UN, the World Bank, the EU and others to take this work forward Q We will – Advocate for more initiatives that measure progress – Assist those wanting to measure progress – through developing best practice and providing support – Achieve results – through improving the effectiveness and use of sets of progress measures Q We want every society to develop its own set of progress measures and use them – through National Roundtables for Progress 8 8 National Roundtables for Progress Q Will be run in different ways … but should bring together a cross section of society – Statisticians – Policy Makers – Academics – Civil Society – The Private Sector Q Discuss what progress means for their society, and how to measure it Q Disseminate that information to foster democratic debate about the impact of economic reform Q Work in APEC – Australia, USA, Bhutan 9 9 Global Project - Key deliverables Q Statistical research Q ICT tools to transform statistics into knowledge Q Advocacy and institutional building Q Global infrastructures to measure and foster world progress: WIKIPROGRESS 10 10 Global Project - Key deliverables Q Regional working groups Q OECD, South & East Asia, Africa, Latin America, the Arab Region, Central Europe and Western Asia, the Pacific Q Regional Pre-conferences Q 2009 World Forum in Korea 11 11 Global Leadership Q Consider moving over the long term to promoting a common framework for measuring the World’s Progress Q Considering developing a set of criteria to judge whether measuring progress initiatives would be ratified by the OECD project 1212 The Global Project Q “Measuring the Progress of Societies is one of the most important roles the OECD can take on” – Angel Gurria, OECD Secretary General, June 2007 Q "World GDP growth has been faster than it has been for a very long time. But people are not particularly happy". – Kemal Dervis, Head of UNDP, June 2007 Q Progress indicators are a way for people to hold their government’s accountable – Francois Bourguignon, Chief Economist of the World Bank, June, 2007 www.oecd.org/oecdworldforum 1313.

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