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FreeBalance International Steering Committee January 18, 2011 Doug Hadden VP Products
Agenda
Effects of Globalization Emerging Markets Growth Theory of Technology Leapfrog Government as Platform Inhibitors 4 E-Government Transparency PFM Leapfrog Opportunities Challenges
Globalization
Digital technology Efficient movement of goods Competition for markets, businesses Ever increasing information availability Driving reform
Globalization Extended
Internal Forces Internal Forces Globalization External Forces
Global Competition Business Friendliness Corruption Index Infrastructure
Increasing Citizen Expectations Transparency Improve Citizen Services Health, education, infrastructure, prosperity
1. Good Governance
Improve Development Outcomes Donor Funding Benchmarks and Indicators Stability and Sustainability
50 40
30 20 10 0
1913
1950
2005
2025
* At purchasing power parity
Theory of Leapfrog
Legacy technology entrenched in developed countries Bi-pass stages in development Focus on what is important Learn from other countries
Example: Thailand
1
PAPUA NEW GUINEA
-1
UGANDA
-2 LOW -3
204 Countries
GDP Per Capita (PPP, logs)
Higher the control of corruption = higher the country GDP Per Capita
AUSTRALIA
3 HIGH 2
-1
UGANDA
-2 LOW -3
Higher the government accountability = higher the country GDP Per Capita
207 Countries
GDP Per Capita (PPP, logs)
. Source: The World Bank
1
PAPUA NEW GUINEA
-1
UGANDA
-2 LOW -3
Higher the government effectiveness = higher the country GDP Per Capita
209 Countries
GDP Per Capita (PPP, logs)
AUSTRALIA
Government as Platform
Data can lead to economic development Infrastructure GPS, Internet How? Resources information Demographics
Budget Transparency
Audited books pdf PDF on-line Budget book printed Budget speech pre-released to press Budget speech in official gazette
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Challenges
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