By Nemat Shafik
(Version in عربي)
Recently I went orienteering with my children as part of a school trip. Orienteering is a sport whereby you have to find your way to various checkpoints through unknown terrain with only a compass and a topographical map.
Wandering through the woods with six 9-year-olds was a good lesson in the value of good directions and data to find your way when you are in unchartered territory.
Likewise, making policy decisions without adequate and timely data would also result in getting lost, wasting time and money, and making policy mistakes with obvious negative consequences for growth and development.
The Middle East and North Africa (MENA) region suffers significant shortcoming in data, which are particularly problematic at a time economic transition (see table below). There are important data gaps, poor data quality and in many cases, internationally agreed standards of statistical methodologies, compilation periodicity and timeliness, and data dissemination practices are not followed. I emphasized these issues during my participation at the ArabStat Conference in Morocco this month.
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