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IndiaStack is significantly lowering innovation costs in the country, making it easier for businesses to build digital solutions.

Rising US life insurance payouts boost America’s house prices and employment, cut poverty, and reduce federal spending.

Charter’s investments in its people, infrastructure and operations contribute $48 billion to US GDP and supports nearly half a million jobs. Charter Communications is the second largest cable operator in the US, employing more than 94,000 workers and serving more than 26 million customers across 41 states. To quantify the economic value generated through their operations and investments, Charter engaged Oxford Economics to develop an impact assessment. The findings from the study highlight the broad-based and critical value the cable company provides across the US and within each state.

In 2016, the BAE Systems military aircraft business sustained nearly 48,900 jobs in the UK, supported a £3.2 billion contribution to GDP and made a total tax contribution of £900 million to the Exchequer.

Following the 2017 study on the contribution of BAE Systems to the UK economy, the company asked Oxford Economics to estimate the economic impact of one of its UK businesses. The report finds that in 2016 BAE Systems military aircraft business sustained nearly 48,900 jobs in the UK, supported a £3.2 billion contribution to GDP and a made total tax contribution of £900 million to the Exchequer. In addition, in 2016, the BAE Systems military aircraft business exported £1.3 billion worth of goods and services—equivalent to 0.2 percent of UK exports in that year.

In 2017, the Global Infrastructure Hub, in partnership with Oxford Economics, launched the Global Infrastructure Outlook study to explore how much the world needs to invest in infrastructure in the years to 2040, and in which sectors this investment would be needed. This paper extends the Global Infrastructure Outlook research to cover all 10 of the G20’s ‘Compact With Africa’ (CWA) countries. In the first part of our analysis, we estimate the total infrastructure investment needs of the 10 CWA countries between 2016 and 2040 to be US $2.0 trillion (this is our forecast of “relative investment need”). This is equivalent to 6.8 percent of total projected GDP for the 10 countries over that period.

Blog|3 July 2018

Combatting illicit trade – consumer motivations and stakeholder perspectives

Thought Leadership Team
Thought Leadership Team
Oxford Economics
Combatting illicit trade – consumer motivations and stakeholder perspectives

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Illicit trade is a persistent and growing threat, as technology, the global economy and e-commerce open new opportunities for counterfeit products to infiltrate supply chains and provide consumers with illicit products. Many understand the risks—that illicit trade can cause serious public health issues, and that the proceeds from illicit sales fund other criminal activities. Others view some form of illicit trade as the soft underbelly of the global economy— the price to be paid for frictionless trade.

A new study from Oxford Economics seeks to understand this evolving issue better—specifically, the attitudes and behaviours of those that influence the demand and the supply for illicit goods, so that illicit trade can be contained. We surveyed more than 37,000 consumers, across 37 European countries, buying five products; cigarettes and tobacco, alcoholic drinks, films, music and games, clothing and accessories and medicines.

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Ungated Post|19 June 2018

Looming liquidity drain raises bond market risks

Looming liquidity drain raises bond market risks

Markets’ attention in recent weeks and months has been focused intently on central bank policy actions as the US Federal Reserve and European Central Bank have pressed ahead with further moves toward ending the era of historically low interest rates and easy money. Yet beneath the surface of the world economy, potent trends in global liquidity driven by the vast capital flows across fixed income markets have commanded far less scrutiny – despite far-reaching implications.

A large liquidity squeeze looms, with equally large potential consequences. Cross-border bond purchases by fixed income investors could plausibly drop by more than half this year and next, to an average of only $500 billion a year, versus 2017’s tally of $1.2 trillion.

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Mobile work is a strategic priority for many companies, but the fundamental decisions that enable it are too often based on short-term thinking and ad hoc policies.

To better understand the value of various approaches to device adoption, Oxford Economics worked with Samsung in early 2018 to survey 500 senior IT executives, CEOs, and other senior managers across the United States. We focused on the costs and benefits of different ways of providing mobile devices to workers, and on the goals companies have for their mobile efforts. Our research shows that up-front savings do not always maximize long-term value. Companies that depend on employees to provide their own mobile phones—an approach commonly known as Bring Your Own Device, or BYOD—do save money on acquisition costs. But over time there are other costs to consider, while factors such as increased productivity and operational efficiency can make policies that provide phones to some or all employees worth considering.

Companies must become intelligent enterprises to thrive and grow in the coming years. Conversational bots powered by AI will play an important role in that transition.

One lasting effect of the global financial crisis has been the emergence and expansion of non-bank sources of finance for small businesses. With banks restricting their lending to SMEs during the ensuing recession, online platforms such as Funding Circle have stepped in across Europe and the United States, facilitated by innovations in technology.

Ungated Post|12 June 2018

The Unmet Promises of the Open-Plan Office

The Unmet Promises of the Open-Plan Office

Global survey shows how open-plan layouts threaten employee wellness and productivity while failing to deliver on collaboration, growth and other critical business goals—and what companies can do to address these issues

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Ungated Post|11 June 2018

Bad news from the black stuff as oil surges – but keep calm

Bad news from the black stuff as oil surges – but keep calm

Modern economic history since the 1970s is littered with episodes of oil shocks, with surging crude prices triggering global recessions. With the cost of benchmark Brent crude having surged by 62% over the past year or so, to levels around $77 a barrel, anxieties are mounting over the implications. So just how serious is the bad news from the black stuff?

Oxford Economics recently raised our baseline forecast for oil to $85 a barrel in the second half of this year. And oil price spikes remain one of the fastest and most potent redistributors of income, wealth and capital that the global economy can throw up.

Yet, in spite of this, we remain relatively sanguine over the fallout from this episode of sharply higher oil prices, and we see a series of reasons to be less pessimistic this time around.

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These reports represent the 19th edition of the IBM C-suite Study, an in-depth analysis of the process of digital reinvention under way today, and what that means for the modern enterprise. The Study is based on an unprecedented volume of discussions and data from business leaders around the world, including nearly 11,000 C-suite executives interviewed by Oxford Economics from 112 countries and across 20 industries.

Cloud computing gives industries, governments and non-profit organizations in Southeast Asia unprecedented potential to join the knowledge economy. Offers even SMEs the ability to scale and innovate. It is creating new business models and generating new revenues.

The next-generation chemicals supply chain is here. It’s data-driven and digitally executed to create transparency, enable advanced planning, predict demand patterns and leverage asset availability.

The UK and Ireland in 2018 are facing a critical productivity challenge. To unlock our full potential we need to develop a deep understanding of people and their ability to drive the economy through the way they work. Converting this understanding into optimal workplaces could boost GDP by £39.8Bn.

The number of external workers in today’s world is growing, and businesses must adjust talent strategies to capture value from this section of the workforce.

The Living Well Index fell by 0.5 points to 60.7 compared to launch, with much of this drop apparently linked to seasonal factors.

The 2018 Pulse report, shows SMEs have increased confidence in the economy and their strategies, as they take advantage of a more favourable economic outlook, greater political stability, and increasing government support and incentives. The report highlights strategies that are helping SMEs thrive when faced with competition from both smaller new entrants and larger established corporates.

The UK manufacturing sector supported a total GDP contribution of £446 billion in 2016—equivalent to 23 percent of the UK economy.