Views from the Center

Overthrowing the unsatisfactory data status quo depends on more than declarations and calls to coordinate and partner. As we and others have noted (here and here), more and better funding is what’s needed to deliver on a data revolution.  

International Monetary Fund Deputy Chief Roberto Rosales announced Monday a plan to encourage more countries to publish their economic and financial data in a timely manner, addressing concerns that essential information in developing countries and emerging markets is inaccurate and out of date. The IMF would require countries that adhere to the less stringent of two IMF data-reporting standards to publish their data according to an advance release calendar, as countries on the more stringent standards do.