factual

World Bank brand laundering of national data

Although African GDP estimates are originally national statistical data—collected by local offices that became delayed in the 1970s, prompting the World Bank and IMF to produce their own data—people are surprised to learn the figures are national in origin and trust them only because of the World Bank or IMF brand name, so quoting a GDP statistic is implicitly a statement about how reliable you think that local office is.

factualpending

Speaker

Morten Jerven

Evidence Quote

To the extent that when I give this paper and present my work, people are surprised that these GDP data are actually national statistical data. They wouldn't trust these data if they knew they were collected there. Somehow the brand name of the World Bank or the IMF is better.

Source

Morten Jerven on Measuring African Poverty and ProgressEconTalk
Created: 6/13/2026, 12:25:58 AM

My Notes

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