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Statistics in the 21st Century: Role of Islamic Development Bank

This article discusses the key drivers and challenges of statistics in the 21st century and highlights the initiatives taken by the Islamic Development Bank (IDB) to address these challenges. It emphasizes the need to enhance cooperation and coordination of statistical activities at national and global levels.

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Statistics in the 21st Century: Role of Islamic Development Bank

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  1. Statistics in the 21st Century: The Role of Islamic Development BankDr. Abdullateef BelloDirector, Data Resources & Statistics Department, IDBDecember, 2010

  2. Key Drivers: • Globalization • S&T Policy in G3 & Emerging economies • Technology Advancement (Info. explosion) • New Knowledge Frontiers (eg. Nanotech.) • Paradigm shift in development landscape • Proliferation of initiatives (eg. MDGs) • Emerging crisis Growth • Challenges : • Unprecedented demand for statistical services to support initiatives • Quality data critical • Competencies & skills mix • Capacities • Resources 21stCentury Breakthroughs and initiatives Gap Statistical sciences, research & services Time

  3. IDB’s responses to the challenges: • IDB STATCAP Initiative (launched in Dec. 2007) • Mainstream statistics in regular operations of IDB • Finance training, workshops, conference, consultancy services • Offer 3 scholarships at M.Sc. level in statistics • About US$500,000 disbursed yearly

  4. Resource Mobilization through partnership • DFID provides a £2 million in support of the IDB’s STATCAP • It covers: • Yemen, Iraq and Palestine. • Regional statistical trainings for Arab countries in the MENA region • 3 years period

  5. Support Global Statistical Initiative • Contributed $1.15 million to the ICP’s Global Trust Fund to finance STATCAP activities of MCs • Financed ICP activities in ESCWA MCs

  6. Create synergy & network with NSOs and regional statistical institutions • Expert Group Meeting (EGM) on STATCAP on 29 April 2007 • discussed issues and challenges facing statistical agencies • OIC Statistical Working Group (SWG) • Membership: SESRIC, ICDT, ICCI and IDB • Harmonize statistical activities to avoid wastage • Coordinate data collection activities to avoid duplication of efforts • Standardize aggregation methodology to avoid conflicting results

  7. Conclusion: • In 21st Century • Need to communicate statistical concepts to the public transparently and regularly • Ensure that statistics are free from politics • Promote outreach program in secondary & tertiary level to attract young students to study statistics. • Revamp statistics course contents to broaden their scope and make statisticians relevant in 21stcentury • Invest more in STATCAP and address challenges facing both data producers and users • Enhance cooperation and coordination of statistical activities at national and global level

  8. Thank you

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