The second Round Table, which addressed globalisation, took place on 6 December 2016 in Madrid (Spain). Experts from Europe and the United States and high level representatives from various services of the European Commission discussed currently unmet needs for data to inform policies, major trends of globalisation and new information needs arising from these trends.
The experts reflected on the increasing interconnection between international trade of goods and services and the difficulties in capturing and measuring the services, due to their intangible nature, the valuation of customisation of unfinished products and their integration into goods. Moreover, they emphasised the role of knowledge-driven value chains as well as of information and communication technology, including blockchains, and cyber security in traditional and new typologies of business.
All experts agreed on the importance of timely multinational data and on the need to explore new ways of data collection including e.g. of data held at pan-national level. Multinational enterprise groups are a major provider of this kind of data, due to the role they play in the international exchange of goods and services, in global value chains and in the international division of labour and production arrangements. Conversely, multinational enterprise groups and national and international authorities are also a major user, requesting multidimensional information concerning economic and social aspects for evidence based business decisions.
The experts will write articles on the most promising of the topics discussed at the Round Table in an Outlook Report. This report will be discussed at the high-level conference “Power from Statistics; Data, Information and knowledge” on the future of official statistics, which will take place in Brussels on 18 and 19 October 2017.
Ricardo Borges de Castro
Annika Eriksgård Melander
Timothy J. Sturgeon
Kristel Van der Elst