Economics

Technological advances, rapid demographic change and a warming climate are among the many major challenges facing us. A clearer understanding of what this means for our economies can help governments and business make better decisions on a range of issues, from encouraging innovation, tackling inequality, to responding to climate change.

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Enforce net zero with global ‘ground rules,’ say Oxford academics

Academics at the Oxford Martin Programme on Net Zero Regulation and Policy have called for rigorous net zero ‘ground rules’ – encompassing laws, regulation and policy – to be implemented and enforced across the world, in an article published in Nature Climate Change.

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Why has productivity slowed down?

Researchers from the Oxford Martin School have identified a combination of factors driving a slowdown in productivity post-2005 in five advanced economies.

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Experts call for new economic modelling to meet energy transition ambition

The ambition of policymakers navigating the energy transition has surpassed the capacity of economic modelling for the first time, a keynote paper argues.

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Investors “flying blind” to risk of climate lawsuits

Polluting companies could be liable for trillions in damages from climate lawsuits. But few investors and regulators are taking these risks into account when evaluating companies’ climate-related financial risks, according to new Oxford research published today in Science with the involvement of Oxford Martin fellows.

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Turning COP’s promises into progress and the rise of climate regulation

COP28’s outcome is meaningful. For the first time in three decades (since the UN Framework Convention on Climate Change was founded, and the year I was born) oil and gas has been included in an agreed text. The final text includes a pile of compromises that may cause issues down the road, but this moment still represents an historic signal about ‘the beginning of the end of the fossil fuel era’.

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Alliances critical to ensure supply chain security, say Oxford Martin researchers

In 2021, disruptions to the supply chain were estimated to have cost the global economy $1.9 trillion. So, how can this be minimised?

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Jobs will be automated, but not because of the latest Generative AI

Everyone is worried about Artificial Intelligence. From writers in Hollywood to computer programmers, recent advances in technology are causing concern about what Generative AI is going to mean for the future of work, our society and the wider world. Is there nothing machines will not be able to do?

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Long Read: Robot-Proof

Frey Carl 2015

To dismiss the threat of automation is to get the history wrong

– Carl Benedikt Frey

When it comes to debates around the future of work, there’s a distinct dichotomy. We’ve all heard tell of nightmarish scenarios where huge swathes of workers will be rendered redundant by ‘the march of the machines’. But there are also those who point to the past, to periods of hugely disruptive technological change – revolution, even – which societies have managed to survive, and dismiss the notion of a jobs apocalypse.

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