Since the early days of the COVID-19 pandemic, key themes of scientific research—testing procedures, drug treatments, and vaccinations—have become urgent topics of debate for policymakers, academics, and the general public alike. Scientific research is also a very important topic for economists, because it often leads to innovative new products and processes, which create more efficient ways of doing things (which we refer to as productivity gains) or improves standards of living. Few economists would disagree that innovations and technological progress are crucial to growth over the long term.

According to a new report by Oxford Economics, Funding Circle’s loans under management to SMEs at the end of last year made a total annual contribution of more than £7 billion to the UK economy.

Our baseline forecast is that the impact of the Russia-Ukraine war will lower overall world GDP by around 0.2% this year, but the impact on each region will vary. The economic consequences are dramatic for Ukraine and Russia, and significant for Europe.

In 2021, Oxford Economics and NTT DATA fielded a survey of 1,000 executives in North America to find out how organizations are preparing for a digital future.

A replacement for the EU-US Privacy Shield is long overdue. Without it, US-based companies are left at the mercy of European regulators who could at any time question their data protection practices. Here are steps US multinationals can take to protect their data and their bottom lines in lieu of a new agreement.

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Research Briefing | Mar 2, 2022

Global Scenario Service: Pandemic Endgame

GSS Executive Summary Q1 2022

The global economic outlook has deteriorated in the last quarter.

As a result, we have revised down our baseline forecast for world GDP, particularly in the very near term.

Back to Resource Hub

Research Briefing | Mar 2, 2022

Global Scenario Service: Pandemic Endgame

GSS Executive Summary Q1 2022

The global economic outlook has deteriorated in the last quarter.

As a result, we have revised down our baseline forecast for world GDP, particularly in the very near term.

In 2021, strong vaccination coverage in Europe, the EU Digital Covid-19 Certificate and the easing of travel restrictions which allowed the release of large-pent up demand, set the grounds for tourism in 2022.

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In October 2021, we partnered with State Street to conduct a study of 300 CEOs, heads of corporate strategy, technology and operations executives and investment managers to understand the status of the transformation to a digital economy.

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You may be interested in Global Scenarios Service Explore the implications of key risks to the world economy. Find Out More → Global Economic Model Our Global Economic Model provides a rigorous and consistent structure for forecasting and testing scenarios. Find Out More → Global Macro Service Monitor macro events and their potential impact. Find … Read more

Commissioned by the Worldwide Brewing Alliance, this first-of-its-kind study investigates the beer sector’s footprint across 70 countries, which account for 89% of global beer production.

Oxford Economics worked with Accenture to survey 11,823 people in 14 countries about their opinions on healthcare experiences in terms of access, service experience, digital technologies, and trust.

You may be interested in Global Industry Service Gain insights into the impact of economic developments on industrial sectors. Find Out More → Industry and Product Market Forecasting Oxford Economics helps you translate what the broader questions around key economic and sector trends, risk, technology disruptors, as well as policy and regulatory changes mean for … Read more

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