As with anything, as go the economics so go the business models. The Digital Economy is worth almost three trillion dollars today. There is a bubble in there somewhere. Finally, Content, for all it's press and influence, is but a blip in the landscape. What are some of the underlying causes of this historic path to digital value? The culmination of this explosion in consumer connectivity is the Digital Economy.
Reform of the World Trade Organization can wait no longer. The WTO is not equipped to deal with state capitalism.
The EU and China should co-operate on digital trade rules as a vital prelude to tackling these thornier issues. The EU is arguably the only player able to bridge the gap between liberal market economies and China. Services are underrepresented in the WTO framework, accounting for only 25 percent of rules while representing 75 percent of the global economy.
The EU is an influential global standard-setter as seen with the General Data Protection Regulation and arguably the most open market in the world. The EU and China have seats at the top table for the debate over the governance of digital trade.
Mutiny on the Mayflower
The United States and others will be key, and the EU is arguably the only player able to bridge the gap between liberal market economies and China. As digitization increases the importance of free-flowing data, there is the danger that restrictive localization requirements and novel definitions of sovereignty will break up global value chains.
Our global public policy practice provides evidence-based research for policy makers and stakeholders seeking measurable outcomes. We are trusted by the most influential stakeholders in public policy and international development across the world — clients including The World Bank, Citigroup, United Nations and Bill and Melinda Gates Foundation, to name but a few. We provide evidence-based research for policy makers and stakeholders seeking measurable outcomes.
Our services are used by a diverse client base across businesses, governments, NGOs, and academic institutes. Rio Tinto employs people from all over the world to work in their Product Groups. As part of a human capital planning exercise, they needed information to validate the labour market risks they face as they develop their workforce and look to understand labour trends over the short to medium-terms. With this information Rio Tinto made evidenced-based decisions on market priorities, operating conditions in key markets, and conducted detailed human capital planning in priority markets.
Increasing global population and economic growth in emerging markets have put increasing pressure on food supply networks, raising prices around the world. As a company involved in food and agriculture, DuPont wanted to look at the challenges involved in the production and distribution of food globally, and identify which countries can improve food systems in order to improve overall food security.
The EIU assessed the food security systems of over countries through a selection of approximately 20 to 25 quantitative and qualitative indicators. Today, the GFSI highlights where in the world nutritional quality and safety of foods is most at risk based on the underlying drivers most affecting food security. Media hype about health stories often leads to an increased burden on health resources. Every morning two stories from the media are identified and our analysts will publish an unbiased critique with detailed reviews of clinical evidence on the NHS choices website by midafternoon.
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By reviewing the story, the evidence and the reporting, we provide a much more objective view. This helps to empower patients to make informed choices in self-management of their care and exercise informed choice in making health decisions. As part of its mission to advance global human capital knowledge, the SHRM Foundation sought credible analysis on critical issues that will affect HR leaders in the coming years. Through a combination of data-driven research, direct engagement with stakeholders and effective market exposure, the SHRM Foundation's objective was to educate those in HR and business management and position itself as a globally recognized catalyst for shaping Talent Management Thought Leadership.
The EIU partnered with the SHRM Foundation on a multi-phase program to identify, analyse and then promote thought-provoking research on the most important trends affecting human capital management and global workforce dynamics by leveraging a combination of EIU expertise, surveys of business leaders and expert peer panels to identify the most relevant HR topics; creating a series of evidence based analyses and tangent content to educate and prepare HR leaders for key issues in their field; and engaging stakeholders with EIU produced research via events, seminars, online digital content, and broad public relations promotion.
The print industry is being disrupted by new technologies and trends putting pressure on the demand for print media. At the same time, rising incomes are boosting demand for printed materials in the developing world. NPES, a print industry trade association, wanted to inform its members of what print sectors and emerging markets have opportunities for growth. How fast will Turkey's print industry grow?
Navigation und Service
Our client a major international bank offers a broad range of services to personal and institutional customers, including governments. It has significant activities in a large number of countries. Consequently, there are many ways in which changes in business conditions and the economy in a single country or region or globally can adversely impact profitability, whether at the level of the group, individual business units or specific countries of operation.
They use the service to understand the threat of sovereign default in individual countries as well as the risks associated with currencies and banking sectors around the world.
The Country Risk Service assists the bank in setting credit limits for countries and in controlling the risks that accompany investment in emerging and developed economies. Our client is a leading global management consulting firm focussed on serving and shaping the senior agenda of the world's leading institutions.
They employ a significant number of staff in offices around the world. They are able to draw on over a million data points from the Country Data service covering key indicators such as GDP growth, inflation and exchange rates. The EIU supplies its information services to many types of academic institutions. Our customers include Ivy League colleges, the highest-ranked European and Asian universities as well as the world's leading business schools.
Country analysis, industry analysis - Market risk assessment
It is vital for students at these institutions to have a thorough grasp of the political, economic and business environment around the world now and in the future. Equally important is for the source of that information to be reliable and impartial. Academic institutions typically subscribe to the complete range of EIU Country Reports, covering over countries.
Access to Country Reports allows both students and faculty to stay completely up-to-date with the latest economic and political situation in any given country. In addition, the in-depth forecasts contained within Country Reports allow users to see how individual countries will look in two to five years' time.
This client already had a significant presence within China but came to us to find out the next group of cities and provinces that offered the best growth potential for the next decade. We analysed demographic changes in the provinces and forecast future demand for the client's product at a regional level. Using the province forecasts, we were able to compare data across the provinces and prefectures. With these findings, the client justified a costly acquisition. Consequently the client now has the resources in place to maximise future opportunities, helping to ensure the company maintains its position as market leader.
A multi-national corporation, that designs and sells consumer electronics, wanted to better understand manufacturing conditions in Chinese provinces and South-east Asia in order to determine ideal manufacturing centres for its products in the future. To do this, they required research to rate and rank the selected geographies based on criteria specific to their manufacturing operations. The Economist Intelligence Unit developed a baseline assessment to support strategic decision-making in terms of locations for electronics manufacturing. The EIU indexed, and ranked, technology manufacturing conditions for five Chinese provinces and six countries for the next five years.
The research has allowed the client to understand technology manufacturing conditions across key geographies and to make informed decisions on where to manufacture its products. The client, a leading private equity investor in Asia Pacific, was considering investment into an Indonesian hospital group. They needed comprehensive commercial due diligence on the market and asset, to make an informed investment decision.
A team of six full time consultants with specialist skills and local Indonesian knowledge were stationed exclusively in the data room, validating the investment thesis as the deal went live. We also validated the strength of the hospital group's business model through interviews with its insurance partners and targeted patient groups. Our client was presented with an objective depiction of the commercial circumstances of the target and was able to make an informed investment decision.
The client, a global player in in-vitro diagnostics, required annual market monitoring of its market size, share and competitors to better benchmark its performance and evolve its market strategy across 14 markets globally. The EIU provides an annual engagement that taps on detailed quantitative hospital surveys, qualitative physician and extensive trade interviews to provide a comprehensive and triangulated view of the market in niche segments.
The client is able to retain market leadership supported by up to date, granular and segmented market information. We are the research and analysis division of The Economist Group, the sister company to The Economist newspaper. Created in , we have nearly 70 years' experience in helping businesses, financial firms and governments to understand how the world is changing and how that creates opportunities to be seized and risks to be managed.
A British company, we are intensely global.
It's the economy, stupid
We service clients across the world from our 24 offices, our staff speak over 25 languages and we embrace foreign cultures with a passion. We believe that deep insight comes from bringing together the best data with the best methodologies and the best people. We deploy huge resources to acquiring and checking our economic and market data, including the use of primary research techniques and fieldwork when necessary. Some of our methodologies, frameworks and analytical tools are quantitative, others qualitative.
But all are cutting edge.
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And our people are all experienced country or industry experts, opinionated and well qualified to inform your decision-making. We are outspoken in our views. Unlike our sister company, The Economist newspaper, much of our work is bespoke for clients and remains confidential. But we share the same fierce passion for independence and integrity. Clients work with us because we are not afraid to tell them what we really think. We never pander to internal agendas or work to buttress some preconceived strategy. We just analyse the facts and present our conclusions.
We believe that our clients execute better strategies as a result. EIU content Sample the content we provide on countries and industries.