Agenda – Latest Articles

Shockwave: the impact of COVID-19

The COVID-19 pandemic transcends traditional boundaries between society and the economy, private and public businesses, and individual countries. Markets, policymakers and communities—all of us—must rapidly adapt to mitigate the impact of this shock.

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Agenda – Latest Articles

Beyond the Bottom Line

What society expects from business is evolving rapidly. Beyond providing returns to shareholders, businesses play a critical systemic role in the development of society and guardianship of the global environment. For many, this is unchartered territory. Success will come only if we continue to discuss and debate some of the most pressing questions, such as what is the purpose of business? Do investors hold the key to a sustainable future? And what does it mean to have purpose that goes beyond the boardroom?

Are you ready to think Beyond the Bottom Line?

Preparing for resilience: analysing and treating risk

Resilience of infrastructure is moving up the policy agenda, according to a report published this year by the UK’s National Infrastructure Commission (NIC). The NIC considers resilience to be characterised by an ability to ‘Anticipate, Resist, Absorb, Recover, Adapt and Transform’. Dr Rupert Booth, Oxera Economic Adviser, examines the first element—‘Anticipate’. He considers the role of the economist in working with executives on the analysis and treatment of risk as the first step in creating a resilience strategy

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Social discount rates: inequality and the long term

The second article in this two-part series on Social Discount Rates (SDRs), as used in project and policy appraisal, discusses new evidence on how the rate at which the SDR declines could change, and how it could be adjusted to take inequality into account. Adjusting for inequality can reduce the discount rate even further than highlighted in our first article—to below 2%. The SDR could also decline more slowly than currently assumed. This would increase the benefit–cost ratio (BCR) of almost all projects seeking approval for government funding

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Agenda – Latest Articles

Women in Economics

To mark International Women’s Day 2020, we asked women economists from across the globe for their stories.

Here’s what they had to say.

Agenda – Latest Articles

COVID-19 update from Oxera

In recent months we have seen a sea change in the way we live and how we do business. The global pandemic has meant that we—businesses, governments, regulators and banks—have had to adapt rapidly to guidance on protecting lives, livelihoods and the economy. People and firms have found new ways of doing things, and although the pandemic is still with us, we are starting to look to the future and think about how we can take forward what we have learned.

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