Data-sharing: issues and good practices
There is a need to create a new culture of data-sharing and cooperation. Political support at the highest levels (eg parliaments, treasuries or systemic risk boards) can be instrumental in promoting data-sharing and raising awareness of its benefits. As highlighted in the UK example, the move to greater data and information-sharing can be greatly facilitated if it is authorised and advertised from the top down. Promoting this business case will produce rewarding improvements for policymakers.
Data-sharing and data cooperation may not be easy to initiate. Obstacles may have to be addressed which require effort and a common willingness to cooperate, especially at the beginning. Therefore perseverance is essential in attaining these objectives.
This report describes some data and cooperation business models that have been implemented in a number of countries. These could be used as benchmarks, although starting points in data-sharing and cooperation differ and tailor-made solutions will have to be found in each country.