The data revolution is transforming our economy and society, from the way we shop to the way we date. But what about Research, Innovation and Growth policy? Juan Mateos-Garcia summarises his session from IGL2017.
There is growing public concern about the challenges the economy of the future presents. From automation to rising inequalities, governments are looking for ways to tackle these issues while rekindling growth rates that have been, in many advanced economies, sluggish.
As more and more governments attempt to base their policies on sound evidence, randomised controlled trials - the 'gold standard' in evaluation - are gaining a stronger role in determining which policies work. But are they really the best way to tell us which policies should be used? This blogpost explores how to improve our ability to learn and better design things that work.