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Page 1: Linked open economy: a better economy? - ODI Summit 2015

Michalis Vafopoulos, vafopoulos.org

NCSR Demokritos & ODI Athens

Creative Commons LicenseThis work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Linked Open Economy: a better

economy?

Page 2: Linked open economy: a better economy? - ODI Summit 2015

PublicSpending.net

Page 3: Linked open economy: a better economy? - ODI Summit 2015

Can we provide answers?• Is public procurement expensive?• Are retail prices high? Why?• Contractors of public projects

globally • Is public budgeting effective?• How the EU Digital Single Market

strategy can extend its reach with open data?

LinkedEconomy, @vafopoulos

Page 4: Linked open economy: a better economy? - ODI Summit 2015

LinkedEconomy, @vafopoulos

Not yetEconomic Open data are:

• Unstructured• Unexpected• Disaggregated – in

depth• Not related to policy

goals • With great potential

Page 5: Linked open economy: a better economy? - ODI Summit 2015

business informati

on

GOV

SUPPLIERS

AUDITORS

product informati

on

budget

procurement

subsidies/aid

spending

market

tax other revenues

economic informati

on

price

quantity

quality

financefood & agricul.

energytourism

Corporate tax transparency

building a common language

Page 6: Linked open economy: a better economy? - ODI Summit 2015

Open Data story I: tomato life

from the lab to flea markets & social groceries

LinkedEconomy, @vafopoulos

Page 7: Linked open economy: a better economy? - ODI Summit 2015

prices Averag

e (€/kg)

Daily Quanti

tySold

WHOLESALE 0.91 90.6 t 69%

Stores

Price differen

ce

RETAIL Fresh 1.44 19 77%CHOPPED

SPAR 440GR 1.42 178 9%CHOPPED

PUMMARO 400gr 1.53 1076 22%PROCUREMEN

T 1.43 19 182%

Page 8: Linked open economy: a better economy? - ODI Summit 2015

From price to procurement

LinkedEconomy, @vafopoulos

Buyer date Price (€/kg)

Difference from

retail

Difference from wholesal

e Seller

City of Agrafa 30/10/13 2.10 110% 200% PAPADIMOU SA

City of Alexandria

02/07/14 1.33 15% 33% PHILIPOPOUL. SA

City of New Ionia

21/11/14 0.91 12% -10% ΝΟSIS SA

Page 9: Linked open economy: a better economy? - ODI Summit 2015

Quality: food alerts

Total (from 1980)

Total notified by Greece Total distributed in Greece

216 20 9

Date Classif. Subject

25/11/11

border rejection

too high content of sulphite (2696 mg/kg - ppm) in sun dried tomatoes from Turkey

From To Pesticid

eFounded

mg/kg Limit mg/kg Exceeds

7/11/14 withdrawal ESP GER ethepho

n 3.4 67 times

Page 10: Linked open economy: a better economy? - ODI Summit 2015

real-time budget ratios

LinkedEconomy, @vafopoulos

City of Athens

City of Thessalonik

iRevenues per

capita (€/resident) 87.23 65.77Subsidies per

capita (€/resident) 31.82 32.60Regular revenues to total revenues

(%)65.07 62.15

Personnel Cost to total expenses (%) 33.29 28.84

Page 11: Linked open economy: a better economy? - ODI Summit 2015

Procurement & subsidiesCompany Public

procurement (€) Subsidies (€)

Hellenic Petroleum 734.1 M 105 KPublic Power Corp. 72 M 23 K

Metka S.A. 40.3 M 33.5 K Hellenic Telecomm. Org. 17 M 644 K

Piraeus Bank 12.3 M -Intracom

Constructions 11.8 M -Terna Energy S.A. 4.5 M 34.1 M

Page 12: Linked open economy: a better economy? - ODI Summit 2015
Page 13: Linked open economy: a better economy? - ODI Summit 2015

Engineering: Linked Open Economy

Orchestrate economic open data to facilitate accountability and competition through transparency and innovation.

Open up digital opportunities for people and business and enhance Europe's position as a world leader in the digital economy. Policy: Digital Single

Market

Page 14: Linked open economy: a better economy? - ODI Summit 2015

Engineering ethicsOpen data from:• public: taxes, resources, procurement,

audits• private: prices, information accountability• communities: standards, technologies

LinkedEconomy, @vafopoulos

Page 15: Linked open economy: a better economy? - ODI Summit 2015

What the Web really changes?

New ways to ask and answer the basic existential and everyday questions.

Page 16: Linked open economy: a better economy? - ODI Summit 2015

Generation Open• The test of a free society is not the liberty

to consume information, nor to produce it, nor even to implement its potential in private world of one's choosing.

• The test of a free society is the liberty for the collective transformation of the world through abstractions freely chosen and freely actualised.

M. Wark LinkedEconomy, @vafopoulos

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LinkedEconomy, @vafopoulos

Generation Open

change things together