Bank Indonesia -  IFC Workshop on "Big Data for Central Bank Policies"<strong> [23-25 July 2018]  <strong>[REGISTRATION CLOSED]  </strong></strong> - Bank Sentral Republik Indonesia
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July 19, 2019
Bank Indonesia - IFC Workshop on "Big Data for Central Bank Policies"
Bali, 23 - 25 July 2018
Programme and Call For Papers​
The rapid development of information technology over the last decade, especially with the progress of the internet, has fostered the emergence of new digital based activities in every facet of our daily life, including economic activities. This development, combined with the greater access to large records of financial, administrative and commercial datasets, has created enormous volumes of data – Big Data.
If used effectively, Big Data has the potential to provide many opportunities, especially to strengthen decision making process in central banks. Policy formulation can be based on more complete and more granular information, and the new datasets can serve as a useful complement to more traditional, structured data. Yet this is also posing important challenges for authorities, especially when handling as well as using Big Data for policy purposes.
Objective: The 2018 International Workshop on Big Data for Central Bank Policies will provide a unique opportunity to understand the concept, technical methodologies, current issues, and use cases of Big Data to support central bank policy making. Methodologies presented will include basic concepts of algorithms commonly used in Big Data analytics and artificial intelligence. Workshop sessions will be instructor-led, except the last two sessions which will host paper presentations (see Call for Papers in the next page).
Date and Venue: 23 – 25 July 2018, Bali, Indonesia
Target Audience: This technical workshop is primarily targetted to staff from central banks around the world. Participants are expected to have advanced degree in one of the following: economics, mathematics, or statistics; knowledge in the use of computer programming would be useful but is not required.
Expected Speakers: The organizers expect to receive substantive engagement and contributions from prominent speakers worldwide, namely from cental banks, other public institutions, as well as academics and experts.
This call invites the submission of presentations on the topic of central banks’ experience in utilizing Big Data in one of the following areas:
1. News and social media analysis
2. Macroeconomic nowcasting with large datasets
3. Understanding market behavior
4. Internet, mobile phone, and sensor data analysis
5. Systemic risk assessment
Accepted submissions will be presented in the last two sessions of the workshop (see Programme Schedule – Day 3 below).
Key Dates
• Title and abstract submission                               13 April 2018
• Notification of acceptance                                     30 April 2018
• Submission of paper and presentation slides       29 June 2018
• Paper presentation                                                25 July 2018
Bank Indonesia: Ms Hidayah Dhini Ari (
IFC Secretariat :




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