Authors: Enrico Giovannini
Publish Date: 2007/07/05
Volume: 86, Issue: 2, Pages: 177-200
Abstract
The importance of information in economic and political processes is widely recognised by modern theories This information coupled with the advancements in Information and Communication Technologies ICT has changed the way in which markets and societies work The availability of the Internet and other advanced forms of media have made information more accessible to citizens than ever before Therefore the ideal of the “fully informed decision maker” should be a reality Unfortunately this is far from the case As Einstein put it “information is not knowledge” and although citizens are bombarded by information on a constant basis this bombardment does not necessarily bring about knowledge Several studies have analysed the characteristics of the knowledge society as well as its impact on the production of “official” statistics In this paper we do not enter into this debate but we analyse the role of statistics in building a knowledge society and improving the democratic control of policy makers The paper analyses the relationships between information expectations and economic theory as well as the nexus between information and political sciences Various approaches to the measurement of societal progress and the role of “key indicators” in this respect are also discussed Finally both theoretical models and empirical evidence about what citizens know on societal progress are discussed and the OECD project on the measurement of societal progress is presentedThe author would like to thank T Manfredi J Hall E Matthews C Prato and A Van Hoorn of the Statistics Directorate of the OECD for their help in preparing this paper A first version of this paper was presented at the 2006 meeting of the Italian Statistical Society
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