+ All Categories
Home > Documents > The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in...

The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in...

Date post: 17-Jun-2020
Category:
Upload: others
View: 1 times
Download: 0 times
Share this document with a friend
22
The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia, Senior Economist and Director Global Competitiveness Network, World Economic Forum 3 rd OECD World Forum “Statistics, Knowledge and Policy”-Charting Progress, Building Visions, Improving Life Busan, October 27 th -30 th , 2009
Transcript
Page 1: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

The World Economic Forum and Benchmarking Progress in Society

Competitiveness Indicators and the Global Redesign Initiative

Dr. Irene Mia, Senior Economist and Director

Global Competitiveness Network, World Economic Forum

3rd OECD World Forum “Statistics, Knowledge and Policy”-Charting Progress, Building Visions, Improving Life

Busan, October 27th-30th, 2009

Page 2: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

2

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

Outline

The Global Competitiveness Network and the Executive

Opinion Survey.

The Global Redesign Initiative (GRI) and the key

importance of benchmarking, sounder indicators and

data-driven policymaking in the future global

architecture.

The Global Agenda Council on Benchmarking Progress in

Society and its role in the GRI.

Page 3: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

3

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Competitiveness Network

Flagship product: The Global Competitiveness Report:

launched in 1979 covering 16 countries; it has since

expanded its coverage to 133 countries.

Editor: Professor Klaus Schwab.

Goal: to provide a benchmarking tool for policymakers

and business leaders.

Page 4: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

4

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Competitiveness NetworkGeographical coverage

Page 5: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

5

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Competitiveness Network

Thematic coverage

Regional, topical and industry report series:

The Travel and Tourism Competitiveness Report

The Global Information Technology Report

The Global Enabling Trade Report

The Lisbon Review

The Mexico Competitiveness Report 2009

The Brazil Competitiveness Report 2009

The Africa Competitiveness Report 2009

The Global Gender Gap Report

Page 6: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

6

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

Use of hard data (publicly available information from

sources such as the International Monetary Fund, the

World Bank, UNESCO, United Nations, etc.).

And survey data (from the Executive Opinion Survey-

EOS), which records the perspectives of business

leaders around the world; survey data is indispensable,

particularly for variables where no reliable hard data

sources exist.

In 2009, over 13,000 business leaders from 133

countries responded to the Survey.

The Global Competitiveness NetworkData sources

Page 7: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

7

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Executive Opinion SurveyThe Voice of the Business Community

On a yearly basis, the EOS asks

business executives to provide their

expert opinion on various aspects of

the business environment in which

they operate.

Administered between January and

May, the sample of respondents is

carefully selected to reflect the

structure of a country’s GDP.

The EOS is available in over 20

languages and with an online version.

Page 8: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

8

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Executive Opinion SurveyThe Voice of the Business Community

The Survey is reviewed and

streamlined every year to reflect

the variables captured in the

Global Competitiveness Index

(GCI) among others.

It includes 130 questions

structured around twelve major

issue areas relevant to the

current state of an economy’s

business environment and

reflected in the GCI and the

other Forum’s indexes.

Page 9: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

9

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Executive Opinion SurveyThe Voice of the Business Community

In view of reaching out to business executives around the

world, the Forum collaborates closely with a network of

over 140 Partner Institutes who administer the EOS at the

national level.

The Partner Institutes conduct the EOS on an annual basis

as well as disseminate the findings of the Forum’s Report

at national level.

All Partner Institutes are required to collect 80 surveys in

their respective countries – with the exception of the BRIC

economies and the United States where a sample of 300

surveys is requested.

In order to ensure that methods used to administer the

survey are consistent across countries, the Forum requests

that each Partner Institute follows detailed guidelines.

Page 10: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

10

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Competitiveness NetworkOur principal benchmarking tools

The Global Competitiveness index:

- over 110 variables, about 70% Survey data

(according specific country’s stage of

development)

The Networked Readiness Index:

- 68 variables, about 60% Survey data

- assessing countries’ capacity to leverage ICT

for increased development, featured in the

Global Information Technology Report series

The Travel & Tourism Competitiveness Index:

- 71 variables, 39% Survey data

- assessing the factors and institutions that make

attractive to develop the T&T sector, featured in

the T&T Competitiveness Report series

The Enabling Trade Index:

- 30 variables, around 50% Survey data

- measuring the factors, policies and services

facilitating the free flow of goods over

borders and to destination, featured in the

Global Enabling Trade Report series

The Financial Development Index:

- over 120 variables, around 17% Survey

data

- assessing key drivers of financial system

development and economic growth,

featured in the Financial Development

Report series

Page 11: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

11

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

Fostering public-private dialogueThe results of our Reports provide an objective base for public-private dialogue on the priorities for reform in countries, i.e. during regional meetings of the World Economic Forum, special business-led forums and in the framework of competitiveness focused structures (competitiveness councils or institutions).

MonitoringFor highlighting priorities and monitoring progress over time.

The Global Competitiveness Network

A platform for public-private dialogue

Page 12: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

12

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Competitiveness Network played the key

catalytic role in launching in 2004 the Egyptian Competitiveness Council. This council has spearheaded

the efforts in other Arab countries to setup similar bodies

(e.g. UAE, Bahrain, Kuwait, Morocco), following the

Forum’s guidelines.

Also in many countries, the Forum’s Indexes are used as a

tool to assess national advancements and to set policy

targets. The Forum is working closely with the government

led competitiveness institutions in charge of the above in

a number of countries, including Mexico, Peru, Colombia, and Dominican Republic.

The Global Competitiveness Network

A platform for public-private dialogue: A few examples

Page 13: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

13

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

Vision: a new covenant between sovereignty and globalisation, old and rising players, governments, businesses and citizens to help address global problems in a more effective, collaborative and sustainable manner.

Objectives: highlight fresh ideas and approaches for international cooperation regarding global issues with gaps in governance and in need for more collaborative approaches.

Expected outcomes: a systemic vision and blueprint of architectural improvements to guide a major renovation of the structures and underlying ecosystem of international cooperation. It will be used to stimulate a global, multimedia conversation in 2010 about enhanced commitment by all stakeholders on improving the state of the world.

The Global Redesign InitiativeConcept

Page 14: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

14

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Redesign Initiative Timeline

Page 15: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

15

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Agenda CouncilsConcept

Shaping the global agenda by bringing together the foremost minds and networks on 70 different issues.

Alignment to the Forum’s vision: Councils are formed around the key issues on the Global, Industry & Regional Agenda in line with the Forum’s mission to improve the state of the world; composed by 15-20 leading minds on each issue, multi-stakeholder and interdisciplinary approach.

Global Agenda Councils and the GRI: tasked to identify innovation in global governance and closing gaps in international cooperation in each of the six pillars of the GRI. A number of Councils have been identified as priority in this sense and are involved in the drafting of the blue print for the GRI.

Page 16: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

16

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Redesign InitiativePillars

Page 17: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

17

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Agenda Council on Benchmarking

Progress in Society and the GRI

Focus:Holistic and accurate understanding of economic and social progress: what are the key ingredients of societal progress and the possible complements to GDP-centered measures of progress?

Generalizing the use of benchmarking for data-based policy-making: how to ensure a good measurement of progress in both official and non-official statistics?

Creation of an institutional platform to promote benchmarking and its legitimacy, bringing together researchers, policy-makers and civil society.

Reach-out: how to effectively communicate this initiative to the citizens and obtain constituencies’ support? How can data be made available to the general public to promote openness and government accountability?

GRI pillar: Building Effective Institutions – Priority Council

Page 18: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

18

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Agenda Council on Benchmarking

Progress in Society and the GRI

GRI Pillar

Building Effective Institutions

Reflects on the institutional context for effective global

governance

Priority Global Agenda Councils:

Global Institutional Governance

International Legal System

Intellectual Property System

Future of Government

Benchmarking Progress in Society

Decision-making & Incentive Systems

Designing Complex Systems

Sound indicators and benchmarking practices are key for better policy-making and for more effective global governance!

Page 19: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

19

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

The Global Agenda Council on Benchmarking

Progress in Society and the GRI

Issues to be addressed by the Council within the GRI:

What are the key global governance gaps related to

Benchmarking Progress in Society in light of contemporary

circumstances and challenges?

Concrete proposal to remedy one or more of these

structural gaps.

Page 20: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

20

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9The Global Agenda Council on Benchmarking

Progress in Society and the GRI Where do we stand?

Gaps in international cooperation/governance in benchmarking have been identified as follows:

a) gaps in the definition of progress;

b) gaps on quality, comparability and reliability of data

and lack of a global system to facilitate cooperation by

guaranteeing proper indicator selection, regular data

collection, consistent methodologies, and ease of

comparison and benchmarking.

c) gaps in making data-driven policymaking the

standard practice for government and make

benchmarking results/data salient and understandable

to decision-makers and to the general public.

Recommendations on how to address the above are being prepared

Page 21: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

21

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9The Global Agenda Council on Benchmarking

Progress in Society and the GRI Where do we stand?

Page 22: The World Economic Forum and Benchmarking …The World Economic Forum and Benchmarking Progress in Society Competitiveness Indicators and the Global Redesign Initiative Dr. Irene Mia,

22

Be

nc

hm

ark

ing

Pro

gre

ss in

So

cie

ty

Bu

san

| O

cto

be

r 2

7th

-30

th, 2

00

9

THANK YOU FOR YOUR KIND ATTENTION

Visit our website:

http://www.weforum.org


Recommended