Research Briefing | Dec 8, 2021

Rural economies: new digital technologies will not offset remoteness

Global Cities Outlook | The rise of urban economic powerhouses

The pandemic has created a rise in working from home, and the new technologies may similarly make it easier for some rural businesses to compete with urban rivals. But we doubt that they will produce a major relocation of activity. The advantages of urban economies, plus employers’ scepticism about remote working, imply that changes will be incremental.

What you will learn:

  • What is very striking is that in England, it is only urban areas with large cities that clearly out-perform rural areas
  • Crucially, productivity tends to be much lower in rural than urban areas, with higher value-added service activities concentrated in cities.
  • Improved digital technology may partly help levelling the playing field, but most employers are sceptical about adopting long-distance remote working.
Back to Resource Hub

Related Services

Post

Food prices to bottom out in 2024, risks skewed to upside

Our baseline forecast is for world food commodity prices to register an annual decline this year, in aggregate, reducing pressure on food retail prices further downstream. However, we believe the risks to this forecast are overwhelmingly skewed to the upside.

Find Out More

Post

Battery raw material prices to recover

Battery raw materials prices bottomed out last quarter and we think a sustained recovery is looming. Midstream EV battery manufacturing activity has picked up again and inventories have returned to historical levels, suggesting upstream demand for raw materials will also bounce back.

Find Out More