The Global Centre for Risk and Innovation (GCRI)
The science, technology, engineering and mathematics Economic Development rests on. Each method has a canonical page in the STEM Commons, hosted by GCRI, and a page here on how it is applied in this field.
Economic development · 11 methods in use
| Economics and development… | 3 | Expert review | Q2 | Current |
| Econometrics | 14 | Benchmark | Q1 | Current |
| Causal inference and impact… | 4 | Cross-validation | Q3 | Review due |
| Network science and contagion | 5 | Benchmark | Q3 | Current |
| Complex systems and… | 10 | Cross-validation | Q4 | Review due |
Economic Development · Method registryMethod registry, in outline: domain structure with placeholder names and illustrative values, not a record.
The Economic Development STEM foundation is the set of canonical methods its findings depend on, from economics and development economics to complex systems and agent-based modelling. For the Consortium, Economic Development stewards three of them, among them economics and development economics as well as econometrics. Each method has a canonical STEM Commons page and a page here on its use in the economic development field.
Fig.The methods this platform draws on and what each one feeds. Design, not a record.
For STEM foundation of economic development, in GCRI's spatial-intelligence reading, the map opens on night lights, population density and true-colour imagery with true colour from NASA GIBS, framed on Africa; every other NASA layer, live feed and forecast waits in the layer list.
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For STEM foundation of economic development, in GCRI's spatial-intelligence reading, the map opens on night lights, population density and true-colour imagery with true colour from NASA GIBS, framed on Africa; every other NASA layer, live feed and forecast waits in the layer list.Satellite and model products as NASA publishes them, each with its own date; indicators, not assessments of any place; claim ceiling INTEGRATED.
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Economic development work combines economics for theory, econometrics for estimation, causal inference for policy effects, network science for production linkages and complex systems for how shocks propagate through economies. Each method answers a different part of the question of how far and how long a shock depresses output, employment and public revenue.
Economic development work combines economics and econometrics with causal inference, network science and complex systems.
When a finding names the methods it depends on, a reader can see its assumptions and limits, and an expert in that method can challenge it.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| STEM Commons | The shared reference of science, technology, engineering and mathematics methods for the Nexus network, hosted by GCRI, with one canonical page per method and a named steward platform. |
| Steward platform | The platform that maintains the canonical description of a method in the STEM Commons and reviews how other platforms apply it. |
| Economics and development economics | Economics and development economics study how societies produce, distribute and consume resources and how living standards change. |
| Econometrics | Econometrics applies statistical methods to economic data to estimate relationships, test theories and forecast. |
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.