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This study assesses YouTube’s contribution to GDP and employment in Poland, and its broader impact on society and culture.

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Post|16 November 2021

Why sustainable tourism does not necessarily mean more inclusive tourism

Jessie Smith
Jessie Smith
Economist, Tourism Economics
Why sustainable tourism does not necessarily mean more inclusive tourism

As the tourism industry emerges from the COVID-19 pandemic there are clear opportunities for change. But while the financial benefits of tourism are well documented, the wider social and environmental agendas provide diverging perspectives on how the sector should respond to this opportunity.

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Research Briefing | Nov 16, 2021

Global Coronavirus Watch: Q3’s GDP softness may be a blip

After expanding strongly in Q2, global GDP growth slowed in Q3 in response to the Delta disruption and ongoing supply chain problems.

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Research Briefing | Nov 16, 2021

Global Coronavirus Watch: Q3’s GDP softness may be a blip

After expanding strongly in Q2, global GDP growth slowed in Q3 in response to the Delta disruption and ongoing supply chain problems.

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Research Briefing

APAC | Tallying up how quickly APAC is likely to reopen

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Most APAC economies are shifting towards living with Covid, but the easing of restrictions can be expected to vary across the region. We have developed a scorecard to assess how quickly economies are likely to reopen based on vaccination rates, Covid prevalence, and economic necessity. The tighter the restrictions today, the greater the scope for faster relaxation.

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Research Briefing

APAC | Tallying up how quickly APAC is likely to reopen

image of the

Most APAC economies are shifting towards living with Covid, but the easing of restrictions can be expected to vary across the region. We have developed a scorecard to assess how quickly economies are likely to reopen based on vaccination rates, Covid prevalence, and economic necessity. The tighter the restrictions today, the greater the scope for faster relaxation.

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IBM’s Institute of Business Value and Oxford Economics surveyed over 7,000 executives across 29 industries and 44 countries about cloud architecture.

1,000 global business insurance executives responded to a survey on platforms.

A global survey of over 5,000 C-suite executives found that, for insurers to remain relevant and become Cognitive Insurers, they have to shift their focus toward customer data and AI-driven insights.

IBM’s Institute of Business Value and Oxford Economics survey of insurance executives globally.

The economic transformation to meet net zero

[Video] The economic transformation to meet net zero

On Wednesday 3rd November, Oxford Economics hosted its quarterly UK & Global Outlook Conference. This invite-only event for our key clients and prospects is always a thoroughly enjoyable opportunity to catch up with familiar faces and new ones, but this event was a particularly special one for us, since we were also celebrating Oxford Economics’ 40th Anniversary!

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The economic transformation to meet net zero

[Video] The economic transformation to meet net zero

On Wednesday 3rd November, Oxford Economics hosted its quarterly UK & Global Outlook Conference. This invite-only event for our key clients and prospects is always a thoroughly enjoyable opportunity to catch up with familiar faces and new ones, but this event was a particularly special one for us, since we were also celebrating Oxford Economics’ 40th Anniversary!

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Research Briefing | Nov 13, 2021

[Video] Can the recovery survive without policy?

Andrew Goodwin speaking about 'Can the recovery survive without policy?'

On Wednesday 3rd November, Oxford Economics hosted its quarterly UK & Global Outlook Conference. This invite-only event for our key clients and prospects is always a thoroughly enjoyable opportunity to catch up with familiar faces and new ones, but this event was a particularly special one for us, since we were also celebrating Oxford Economics’ 40th Anniversary!

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Research Briefing | Nov 13, 2021

[Video] Can the recovery survive without policy?

Andrew Goodwin speaking about 'Can the recovery survive without policy?'

On Wednesday 3rd November, Oxford Economics hosted its quarterly UK & Global Outlook Conference. This invite-only event for our key clients and prospects is always a thoroughly enjoyable opportunity to catch up with familiar faces and new ones, but this event was a particularly special one for us, since we were also celebrating Oxford Economics’ 40th Anniversary!

Read more

Research Briefing | Nov 12, 2021

Eurozone | Rising headwinds will test post-winter optimism

Eurozone | Rising headwinds will test post-winter optimism

The ZEW and the Sentix for November surprised on the upside, showing that
investors are increasingly confident about the future even though current
developments remain challenging. A fall in market inflation expectations was
the most notable detail, and is in line with our view that the current inflationary pressures, although sizeable, are transitory and will ease materially over H2 next year. The EC’s forecasts go in the same direction.

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Research Briefing | Nov 12, 2021

Eurozone | Rising headwinds will test post-winter optimism

Eurozone | Rising headwinds will test post-winter optimism

The ZEW and the Sentix for November surprised on the upside, showing that
investors are increasingly confident about the future even though current
developments remain challenging. A fall in market inflation expectations was
the most notable detail, and is in line with our view that the current inflationary pressures, although sizeable, are transitory and will ease materially over H2 next year. The EC’s forecasts go in the same direction.

Read more

covid vaccine
Blog|12 November 2021

Vaccination not the only remedy for African tourism recovery

Jacques Nel
Jacques Nel
Head of Africa Macro,
Vaccination not the only remedy for African tourism recovery

If widespread domestic vaccination was the only way to revive international tourism, most African countries would be in big trouble. The continent is by far the least vaccinated region globally. While vaccination progress is expected to gather pace as advanced economies place more weight on the risk of mutations and as vaccines become more accessible, reaching anything close to population immunity could take years for many African countries at the current rate of progress.

Africa’s island nations are some of the most tourism-dependent economies on the planet. In pre-pandemic times countries including Gambia, Namibia, Tunisia, Morocco and Rwanda relied on tourism to generate between 10% and 15% of total economic output. Tourism also accounts for a disproportionately large share of employment in most countries. The island nations of Seychelles and Mauritius as well as Morocco and Tunisia lead the continent in terms of vaccination progress, but other tourism-dependent economies such as Namibia (with around 10% of the population having received at least one jab) and Rwanda (16%) are undoubtedly far from population immunity. Around half of African countries have vaccination rates of under 5%.

vaccination rates

But it is becoming increasingly apparent that vaccination rates in tourism destinations are by no means the only factor affecting the recovery in tourism. Kenya, for example, continues to struggle with low vaccination rates (trending around 4% of the population) but tourist numbers have seen a good recovery; although still down 33% relative to 2019 levels, the August international arrival figures show a strong recovery. The makeup of arriving visitors, from a source-market perspective, is similar to that seen in pre-pandemic times.

tourist under

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Research Briefing | Nov 12, 2021

[Video] Inflationary and volatile: The new reality?

Untitled design - 2021-11-12T095017.810

On Wednesday 3rd November, Oxford Economics hosted its quarterly UK & Global Outlook Conference. This invite-only event for our key clients and prospects is always a thoroughly enjoyable opportunity to catch up with familiar faces and new ones, but this event was a particularly special one for us, since we were also celebrating Oxford Economics’ 40th Anniversary!

Read more

Research Briefing | Nov 12, 2021

[Video] Inflationary and volatile: The new reality?

Untitled design - 2021-11-12T095017.810

On Wednesday 3rd November, Oxford Economics hosted its quarterly UK & Global Outlook Conference. This invite-only event for our key clients and prospects is always a thoroughly enjoyable opportunity to catch up with familiar faces and new ones, but this event was a particularly special one for us, since we were also celebrating Oxford Economics’ 40th Anniversary!

Read more

Research Briefing | Nov 12, 2021

UK | Latest GDP numbers offered a curate’s egg

UK | Latest GDP numbers offered a curate’s egg

The latest GDP numbers were a mixed bag. Growth accelerated to a three-month high in September, but this was almost wholly due to higher health output. And past revisions revealed a softer than expected performance in Q3. Burgeoning cost of living pressures will weigh on activity over the rest of this year and into 2022. That said, recent high-frequency data and retail surveys suggest that consumers’ appetite to spend has not run out of steam yet.

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Research Briefing | Nov 12, 2021

UK | Latest GDP numbers offered a curate’s egg

UK | Latest GDP numbers offered a curate’s egg

The latest GDP numbers were a mixed bag. Growth accelerated to a three-month high in September, but this was almost wholly due to higher health output. And past revisions revealed a softer than expected performance in Q3. Burgeoning cost of living pressures will weigh on activity over the rest of this year and into 2022. That said, recent high-frequency data and retail surveys suggest that consumers’ appetite to spend has not run out of steam yet.

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US dollars
Research Briefing | Nov 12, 2021

United States Recovery Tracker surpasses its pre-Covid level

Copy of Ipad Frame (49)

The US Recovery Tracker has topped its pre-pandemic level, rising 0.8ppts to 100.9, in the week ended Oct. 29. Four of the tracker’s six dimensions rose, confirming a stronger recovery after the Delta and supply chain-induced slowdown in Q3. All but seven US states registered higher readings. Except for Michigan, the most populated states all strengthened, with Texas at the forefront of the gains. The Southwest and Mountain states gained the most ground, followed closely by states bordering the Pacific.

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Research Briefing | Nov 12, 2021

United States Recovery Tracker surpasses its pre-Covid level

Copy of Ipad Frame (49)

The US Recovery Tracker has topped its pre-pandemic level, rising 0.8ppts to 100.9, in the week ended Oct. 29. Four of the tracker’s six dimensions rose, confirming a stronger recovery after the Delta and supply chain-induced slowdown in Q3. All but seven US states registered higher readings. Except for Michigan, the most populated states all strengthened, with Texas at the forefront of the gains. The Southwest and Mountain states gained the most ground, followed closely by states bordering the Pacific.

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Research Briefing | Nov 11, 2021

MENA | Coronavirus tracker for the GCC – November update

Coronavirus tracker for the GCC – November update

Signs of the GCC’s strengthening recovery from the Covid-19 pandemic continue to emerge. The PMI for Dubai rose to its highest level in over two years in October as the start of Expo 2020 boosted activity in the travel and tourism and retail sectors.

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Research Briefing | Nov 11, 2021

MENA | Coronavirus tracker for the GCC – November update

Coronavirus tracker for the GCC – November update

Signs of the GCC’s strengthening recovery from the Covid-19 pandemic continue to emerge. The PMI for Dubai rose to its highest level in over two years in October as the start of Expo 2020 boosted activity in the travel and tourism and retail sectors.

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A report with Merck KGaA, Darmstadt, Germany, identifies common issues linked to lagging research productivity, along with some practical steps for improving performance across the research ecosystem.

Research Briefing | Nov 10, 2021

Eurozone | Inflation hits all consumers – just not evenly

Ipad Frame - Eurozone- Inflation-hits-all-consumers-just-not-evenly

Eurozone headline inflation has risen substantially, with underlying pressures becoming more broad-based. But we think the impact on consumer spending, the main driver of the recovery, will be relatively benign. Our latest forecast sees a 0.3ppt drag on consumption in 2021 and 2022.

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Research Briefing | Nov 10, 2021

Eurozone | Inflation hits all consumers – just not evenly

Ipad Frame - Eurozone- Inflation-hits-all-consumers-just-not-evenly

Eurozone headline inflation has risen substantially, with underlying pressures becoming more broad-based. But we think the impact on consumer spending, the main driver of the recovery, will be relatively benign. Our latest forecast sees a 0.3ppt drag on consumption in 2021 and 2022.

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An independent quantitative assessment of the economic implications of the introduction of an online sales tax in the UK.

Research Briefing | Nov 9, 2021

Eurozone | Recovery Tracker slows to a crawl heading into winter

Recovery Tracker slows to a crawl heading into winter

Our eurozone Recovery Tracker recorded a small increase over the two weeks ended October 24, rising 0.3pts to 88.0, just shy of its post-pandemic high. The gain was driven by improvement in financial conditions and production; but, worryingly, the health situation is deteriorating again.

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Research Briefing | Nov 9, 2021

Eurozone | Recovery Tracker slows to a crawl heading into winter

Recovery Tracker slows to a crawl heading into winter

Our eurozone Recovery Tracker recorded a small increase over the two weeks ended October 24, rising 0.3pts to 88.0, just shy of its post-pandemic high. The gain was driven by improvement in financial conditions and production; but, worryingly, the health situation is deteriorating again.

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