You have to communicate economic data to policymakers. What are the most effective ways?

Ao se comunicar, leve em conta o público-alvo, seus objetivos e limitações. Ajuste a mensagem, o tom e o formato conforme necessário. Por exemplo, ao apresentar para uma comissão parlamentar, use slides concisos e destaque as principais conclusões. Já ao escrever um resumo de políticas para um ministro, escolha um título impactante, resuma os pontos-chave e inclua uma chamada à ação. - Adapte a comunicação ao público-alvo. - Destaque conclusões e pontos-chave. - Inclua chamada à ação.

Traduzir os dados numa imagem será o primeiro passo. Depois disso, simplificar, resumir e construir uma mensagem alinhada ao público-alvo. Finalizar a informação com uma orientação prática ajustada ao potencial impacto dos dados, seja numa vertente corretiva à política atual ou numa oportunidade de desenvolvimento futuro. Tudo isto envolvido numa boa pitch.

Start with key takeaways from the data. Prepare a few key charts that illustrate the points, plus a few more that might be of corrollary interest. Where possible, invite questions early on and make it a two-way discussion. The key points help set the scene but the discussion will probably be the most valuable to pinpoint key items of interest. If you are asked to make a policy recommendation, include it up front.

How do you become articulate enough to so you cannot be ignored. Stakeholder mapping is very important so as to tailor the message. Pick a topic that is hot enough to garner support. Most importantly identify a great sponsor. There is no clear one shot to fix this need

In the environment of heavily politicized countries or populist regimes, it becomes crucial to consider the audience that will receive the information and their existing perspectives on the issue at hand. By establishing a well-defined context, we can set clear objectives regarding the conclusions the audience can draw from the presented data. Additionally, it is beneficial to articulate the specific questions that the data aims to answer and outline actionable steps that can follow based on those findings.

Using narrative economics to present data to policymakers is a game-changer. By integrating stories and real-life examples into our analysis, we make complex data relatable and impactful. Imagine explaining inflation's effects through a story of how a family's budget evolves, rather than just numbers. Similarly, sharing case studies from different regions on policy outcomes can offer rich insights. This approach not only makes the information memorable but also bridges the gap between abstract data and the real consequences of economic decisions. It's about making economics personal and practical, enabling policymakers to see the bigger picture through the lens of individual experiences.

Considero fundamental presentar datos económicos de manera clara y concisa, respaldados por evidencia sólida. Sin embargo, esto no debe limitarse a números fríos, sino que debe complementarse con narrativas envolventes que resalten la relevancia y las implicaciones prácticas de dichos datos. Al final del día, los responsables políticos son más propensos a actuar cuando comprenden plenamente las ramificaciones de las políticas en la vida cotidiana de sus ciudadanos.

Os dados, por si só, podem parecer secos e abstratos, especialmente quando envolvem conceitos desconhecidos ou termos técnicos. No entanto, para tornar esses dados mais envolventes e relacionáveis, é possível utilizar histórias e exemplos que ilustrem o impacto e a relevância da análise no mundo real. Em resumo, a contextualização por meio de histórias e exemplos torna os dados mais acessíveis e facilita a compreensão, permitindo que as pessoas visualizem como essas informações se aplicam ao mundo real. - Dados podem ser secos e abstratos. - Histórias e exemplos tornam dados envolventes. - Contextualização facilita a compreensão no mundo real.

Entendiendo que para aumentar la comprensión y el interés de tu audiencia, es crucial complementar los datos con historias y ejemplos concretos. Estos recursos ayudan a ilustrar el impacto y la relevancia de tu análisis en situaciones reales. Por ejemplo, al explicar los efectos de la inflación en los ingresos del hogar, podrías presentar un escenario hipotético que muestre cómo cambia el presupuesto de una familia con el tiempo. Al comparar diferentes opciones de políticas, podrías utilizar estudios de casos de otras regiones para mostrar cómo se han implementado y cuáles han sido los resultados. Integrar historias y ejemplos en tu presentación hace que la información sea más accesible y significativa para tu audiencia.

Humans have evolved to consume, communicate and decide based on stories. The stories that we tell each other becomes the bed rock of decision making for generations. None of the prophets, military or political leaders made changes of action in their suspicious listeners or unsuspecting citizens without painting a vivid almost tangible pictures of a distant future where things are better, plentiful and victorious. The aim of using data is to drive actions, but the aim of actions is to achieve a distant unknown future and stories can be used in political and social context to help individuals understand what policies will enable individuals to have in their future lives.

Coming at it from an audit/FP perspective... 1 - Illustrate the facts and your research findings. 2 - This should revolve around the main components of financial policymaking, including compliance, risk management, cost-benefit analysis, investment strategies, market dynamics, and more. 3 - Now align the primary framework with your anticipated outcomes or key points which must have been communicated at the briefing that covers insights into policymakers' perspectives for the upcoming term. 4 - Finish up by summarizing the next steps, touching on what caught their interest, noting any aspects that left them curious, and mentioning what they'd be interested in seeing more of. Trust me, I'm a salesperson who can read the Terminal 🫡

Quando se trata de comunicar informações baseadas em dados, uma imagem é valiosa. Visualizar seus dados ajuda a transmitir informações complexas de maneira simples e intuitiva. Escolher o tipo certo de gráfico é essencial para evitar confusões e distorções. Rótulos, cores e anotações também são importantes para orientar o público. Por exemplo, um gráfico de linhas mostra mudanças ao longo do tempo, enquanto um gráfico de pizza representa distribuição entre categorias. - Visualização de Dados: Imagens simplificam informações complexas. - Escolha do Gráfico: Evitar confusões e distorções. - Rótulos e Cores: Orientar o público na interpretação.

A good way to communicate economic data effectively to the policy makers is by creating a story and giving data a visual shape. The data will speak for itself otherwise it will just be percentages which just get forgotten as the page is flipped. Visualisation gives life to data and a big nudge to the policy makers.

In my experience, I realized that most people aren’t comfortable with numbers expressed in a digital form. The best way to illustrate those are with graphs and tables. Policymakers do not necessarily care about the numbers; they want to know how and why they are exposed to a specific problem. Showing them a graph going down or up is the most simplistic way for them to understand clearly the situation they are trying to solve. Also, most of them have tight schedules, so you do not have time to explain all the numbers in depth; however, showing them a graph with the most important numbers with a visual representation will give them a good idea of the situation to make a clear decision. That is pretty much it !

Most policy makers these days are not educated enough to understand and interprere complex data, therefore data must be presented and communicated is a very simplified manner using scenarios, videos and pictures to demonstrate predicted or expected outcomes.

Often times, policymakers look for positive outcomes that affect the key drivers of the economy, such as employment, productivity, and growth of certain sectors. To raise the value of the data for policymakers, it is important to link the data with these key drivers.

From my experience of serving the monetary policy committee, policymakers do not like data dumping. They want data that are relevant to their decision making. So context and interpretation of the data is of utmost importance.

To me, the starting point of any good presentation, article, etc must be a clear context: why is this issue important and what came before should be described in basic terms at the outset. The first questions you get should not be: Why do I need to know this? or Is this the first time we have tried this option?

A clear policy brief is needed detailing the global perspectives and contexts of the subject matter. Policy implications, impacts and mitigations need to be demonstrated.

É importante estruturar os dados e interpretá-los para que possamos fundamentar a tese baseado na pesquisa, com o objetivo de evitar conclusões que não corroborem com a realidade.

First, provide key parameters in a simplify and concise visual ie. chart/table. Include comments on major changes and key highlights. Provide summary of our key takeaways from data provided. Secondly, seek an engagement session to gain feedback and discussion. The feedback is crucial to ensure we meet the audience's requirements.

Efectivamente hay que simplificar en la exposición y dar datos muy concretos que den una línea clara de la importancia de lo expuesto pero siempre teniendo una información más amplia que amplíe y argumente lo que muestra de forma resumida. Insistir en la importancia de dar registro de entrada poco antes de lo que se va a exponer.

Avoid overwhelming policymakers with technical details or jargon, but also refrain from oversimplifying complex economic data. Ensure a balance by presenting information in a clear, direct, and logical manner. Use plain language, define key terms, and break down data into manageable chunks while maintaining accuracy and relevance. By applying these strategies - understanding your audience, using relatable examples, leveraging visual aids, providing context and consent, and simplifying complex data effectively - you can enhance the impact of your economic data presentations and better engage policymakers in informed decision-making.

Comunicar dados para formuladores de políticas é um desafio delicado. Precisamos equilibrar simplicidade e precisão. Os dados devem ser compreensíveis, mas sem perder nuances importantes. Evitar generalizações excessivas é crucial. Por exemplo, ao resumir resultados de uma meta-análise, use tabelas e gráficos, mas também mencione a heterogeneidade e qualidade dos estudos. - Equilíbrio delicado: Comunicar dados para formuladores de políticas requer simplicidade e precisão. - Evitar generalizações: Detalhes e nuances são essenciais; simplificações excessivas devem ser evitadas. - Meta-análise relevante: Ao resumir resultados, considere a heterogeneidade e qualidade dos estudos.

This is a double edged sword where it is important to simplify to other stakeholders from a different background i.e policymakers but also not lose out information that could be of a significant impact towards policy implementation. - Make sure to concretize insights towards a bottom line expectation of policymakers without getting lost in technical details.

Muy importante cuando expones tu argumentado postura es dejar que la persona comente lo que le dices buen por iniciativa propia o bien por preguntas que tú mismo le puedas hacer. Es importante dar respuesta en ese momento a todo lo que se te insta o posteriormente a cualquier asunto que no has sabido responder. Es bueno sacar el compromiso de poner en práctica las soluciones que has expuesto, nunca presentar solo problemas... también soluciones viables. Dar publicidad y difusión del encuentro y de los compromisos.

Alongside presenting the data, offer recommendations or policy implications based on the findings. Help policymakers understand how they can use the data to make informed decisions and shape effective policies.

Oftentimes, policymakers already have an answer in mind and are just looking to validate their key messages with the data. Don’t be discouraged if it seems like your audience is not as engaged as hoped; try to glean the unspoken policy direction to see which parts of your data will resonate most with the audience to get their attention back on track.

Para cerrar con éxito tu comunicación, es fundamental invitar a tu audiencia a participar en un diálogo abierto y a proporcionar retroalimentación. Esta interacción no solo aclara posibles dudas o malentendidos, sino que también te brinda la oportunidad de abordar preocupaciones y críticas, fortaleciendo así la confianza y la conexión con tu audiencia. Puedes lograrlo planteando preguntas abiertas, fomentando comentarios y sugerencias, y reconociendo las diversas perspectivas y valores presentes. Además, seguir el diálogo con un seguimiento apropiado, como enviar una nota de agradecimiento o compartir recursos adicionales, ayuda a mantener la relación y a reforzar el mensaje transmitido.

O feedback e diálogos com todas as equipes envolvidas, são super enriquecedora, pois podem gerar debates, e dai nascer ate soluções para problemas complexos. Mas o objetivo deve ser comum.

If you are using slides, keep it simple and text light. Only one single chart and one single idea per slide. Cut your text down into one clear and punchy key message. Less is more!

After presenting the economic data, follow up with policymakers to see if they have any further questions or need additional information. Building a relationship and ongoing communication can strengthen the impact of your data presentations.

Vereinfachen ist tatsächlich die wichtigste Botschaft. Die Information muss schnell aufgenommen werden können. Jeder Text und jede Präsentation kann stark vereinfacht werden, bis auf ein bis drei Sätze, gemäss meiner Erfahrung.

1) Intuition, intuition, intuition. Sound economics without simple intuition is mathematics and abstract notions that no one should care about except economists who want to sound smart. 2) In a democracy, proposing policy based solely on economic efficiency without showing structural incentive for public choice and bureaucratic support is pure academic exercise that shows off sound skill without realism. Altogether it implies, to political leadership and policy makers, economics is not as sound as it sounds until it is able to be communicated intuitively and it can be shown to, at least, preserve the existing winning political coalition and does not threaten the interests of the effective policy makers (bureaucrats).

Crucial to understand the level of statistical and economic literacy. There are also a lot of "opinions" that sometimes need to be put forward and clarified first.