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Without effective security, IIoT benefits may come at a high cost for transportation companies.

Blog|18 February 2021

The challenges of forecasting during a pandemic

Innes McFee
Innes McFee
CEO
The challenges of forecasting during a pandemic

The global pandemic has been a huge test for economic forecasters. An event unprecedented in modern times has precipitated a contraction in the global economy far greater than in 2008-2009, and it unfolded over the course of weeks rather than quarters.

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Blog|15 February 2021

Does Keynesianism exist on the frontier?

Jacques Nel
Jacques Nel
Head of Africa Macro,
Does Keynesianism exist on the frontier?

Economic policy discussions that take place at a global level are more often than not deliberations over the best way forward for advanced economies. The institutional and developmental realities in frontier markets mean that not only do policy objectives differ, but the policy tools available to authorities are in most cases much more limited.

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Blog|11 February 2021

We are not all Keynesians

We are not all Keynesians

Globally, human behaviour had already seen significant changes in recent years, and these changes have accelerated during the pandemic. Albeit painful and unwanted, the pandemic has arguably provided an opportune moment for creative destruction to take its course and for the private sector to develop industries that better suit the wants and needs of people. As such, one of the risks of pushing a Keynesian theme is that it will serve to support some industries that policy-makers have decided upon. As an aside, those decisions would most likely be accompanied by lobbying and uncompetitive endeavours, although even if we assume benevolence, the government cannot know the needs of people better than they do themselves, and cannot act more efficiently than the market mechanism. Invariably, this would hinder the development of new industries.

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Ungated Post|11 February 2021

Podcast: Nicola Nobile – Draghi Rally Justified With Italexit Risk

Podcast: Nicola Nobile – Draghi Rally Justified With Italexit Risk

Nicola Nobile, lead economist at Oxford Economics speaks with Bloomberg’s Maria Tadeo and Matt Miller in a special episode of the Brussels Edition.

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Ungated Post|9 February 2021

France24: Covid-19 Dubai is open to tourists, despite the risks

Scott Livermore
Scott Livermore
Chief Economist & Managing Director
France24: Covid-19 Dubai is open to tourists, despite the risks

Dubai has strived to remain open to visitors during the Covid-19 pandemic and Scott Livermore Chief Economist of Oxford Economics Middle East discusses why this important for the economy’s recovery from the crisis.

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In a new white paper The Beneficient Company Group Ltd and Oxford Economics explore how investors can maximize the opportunity in private markets amid a subdued economy.

Blog|9 February 2021

Australia’s Tourism Industry: Not so lucky

Australia’s Tourism Industry: Not so lucky

While it is true that Australia’s experience with the COVID-19 pandemic has at least to an extent fitted Australia’s traditional moniker as the ‘lucky country’, the same cannot be said for country’s travel and tourism industry. Australia, like many other countries in the Asia-Pacific (APAC) region, has taken a firm stance on borders, with international arrivals severely restricted since the start of the pandemic. Inbound tourists to Australia are estimated to have declined more than 80% in 2020 relative to 2019, comparable with the 83% decline estimated for APAC in aggregate.

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Ungated Post|4 February 2021

Reuters: Chip Demand on the Rise with Stephen Foreman

Reuters: Chip Demand on the Rise with Stephen Foreman

Stephen Foreman, Lead Economist at Oxford Economics joins Reuter’s Kyoko Gasha to discuss the impact of the global semiconductor shortage on the auto sector and the economy.

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The Alliance for Responsible Professional Licensing commissioned Oxford Economics to produce a quantitative study to explore the impacts of professional licensing in highly complex, technical fields.

New research from Accenture and Oxford Economics shows that applying tech-driven
operational intelligence can improve business performance.

Research Briefing

Beyond the Crisis: How interconnected businesses exhibit leadership and resiliency

Beyond the crisis - iPad

In 2020, SAP and Oxford Economics partnered to survey 3,000 senior executives globally to understand how leaders around the world are adopting a holistic management strategy. This white paper is part of the wider Systems Thinking program. Learn about leaders’ keys to success in the publication.

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Research Briefing

Beyond the Crisis: How interconnected businesses exhibit leadership and resiliency

Beyond the crisis - iPad

In 2020, SAP and Oxford Economics partnered to survey 3,000 senior executives globally to understand how leaders around the world are adopting a holistic management strategy. This white paper is part of the wider Systems Thinking program. Learn about leaders’ keys to success in the publication.

Read more

Ungated Post|1 February 2021

Australia, the lucky country once again?

Australia, the lucky country once again?

Australia’s experience with the COVID-19 pandemic fits the country’s moniker as the Lucky Country. The number of cases has been exceptionally low compared with other developed economies, the contraction in output smaller, and the recovery more robust.

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Ungated Post|29 January 2021

The Economists’ Corner | Sarah Hunter, Chief Economist, BIS Oxford Economics

The Economists’ Corner | Sarah Hunter, Chief Economist, BIS Oxford Economics

CEDA Chief Economist Jarrod Ball is joined by Sarah Hunter, Chief Economist at BIS Oxford Economics to discuss the state of the Australian economy, how households are still exercising caution with their savings, what the labour market is likely to look like in 2021, JobKeeper and JobSeeker, and an underlying sense of optimism despite economic uncertainty.

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Remittances today are the largest source of foreign economic capital (excluding exports) to developing markets, smoothing C-19 pandemic economic shocks and are key to supporting economic recovery.

Ungated Post|20 January 2021

Are we all Keynesians now? Is there much choice?

Innes McFee
Innes McFee
CEO
Are we all Keynesians now? Is there much choice?

Over the past thirty years Richard Nixon’s famous comment “we are all Keynesians now” could hardly have rung more hollow. Since the introduction of inflation targeting, economists and the market have looked to monetary policy as the tool for demand management in the economy—fiscal policy barely had a look in. But now the consensus is starting to shift, and one of the most important legacies of the pandemic may well be a more balanced approach to economic policy.

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This study, the first of its kind, analyses the economic impact of the German fashion industry across the full sweep of the fashion industry’s significant components. In addition, expert interviews with leading CEOs, publishers, PR experts and designers active within the German fashion industry have served as a basis for a detailed SWOT analysis, altogether with the aim to conclude with concrete recommendations for policymakers and industry associations.

Blog|15 January 2021

In a post-pandemic world, what happens to business travel?

In a post-pandemic world, what happens to business travel?

In November 2020 Microsoft founder Bill Gates predicted that more than 50% of business travel would disappear as a result of the pandemic. We respectfully disagree.

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Blog|8 January 2021

Machine learning is a helpful forecasting tool, but challenges remain

Machine learning is a helpful forecasting tool, but challenges remain

Hopes have risen in recent years over the potential contribution of machine learning in economic forecasting. But the pandemic has posed a major challenge, with well-publicised hiccups with the algorithms used in marketing, inventory management and a range of other fields. How has the field of macroeconomics fared?

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Ungated Post|7 January 2021

Democrat-controlled Senate favors a Biden-lite agenda in 2021

Democrat-controlled Senate favors a Biden-lite agenda in 2021

With Democrats winning the two Georgia Senate runoff races, they will hold a “soft” 50-vote majority. Control of the Senate will allow President-elect Biden to enact more of his ambitious fiscal agenda while boosting prospects for more fiscal stimulus and more rapid economic growth in 2021-22.

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