Sustainable development is the development of the society, keeping in mind the needs of the present as well as future generations. It is this development that is the ultimate goal of every nation. For this, UN will launch a new set of Sustainable Development Goals (SDGs) in 2016. These goals will give rise to various important questions such as:
- How will we achieve these goals?
- Who will finance these goals?
- Which countries will need most resources and of what type etc.
For answer to these questions, the decision makers refer to the data provided by various international institutions like UN, IMF, World Bank, etc. But while doing this, they face a big hurdle i.e. Incompatibility of Data in terms of definitions, methodologies and sources.
Now, with the data revolution going on and big data and analytics taking the centre stage, we now have an opportunity to collect and produce high quality data that will provide the right information on the right things at the right time. The need is – its correct implementation.
To know more, please read the following article by Gail Hurley and Jos Verbeek at brookings.edu: