Metrics of shame define what’s rotten with ANC’s stewardship of the socio-economy
DATA is an asset. Its value lies in transparent methodology, access to information and independence in compilation.
Like all asset classes, it can be a double-edged sword depending on the vagaries of volatility, interpretation and their use and abuse, particularly through casuistry.
The current push-back against the Covid-19 pandemic, for instance, is led by, among others, data-driven epidemiologists constantly deciphering the distribution and determinants of health-related states and events in specified populations.
For countries and corporates, quality data is important because it can direct spending allocations and determine investment pathways and investor decisions.
National statistics departments largely reflect the quality of open government and the character of democratic accountability through figures that define the daily lives of citizens.…