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Begin New Search Political Geography Asia Content Type Commentary and Analysis Author Oxford Economics Publication Year within 25 Years Publication Year within 5 Years

1. The Economic Impact of COVID-19 on Asia-Pacific

Author:
Oxford Economics
Publication Date:
04-2020
Content Type:
Commentary and Analysis
Institution:
Oxford Economics
Abstract:
In this report, Oxford Economics looks at the impact the COVID-19 pandemic on the economies of Asia-Pacific. We look at the impact of lockdown measures to contain the pandemic in China and other economies in the region, and their toll on business and households. As the COVID-19 pandemic continues around the globe, governments, investors, business and households are beginning to understand the financial and economic costs more clearly. In this report we examine the channels through which COVID-19 has impacted on the economies of the Asia-Pacific region. We explore the economic cost of lockdown measures, particularly so in China, as well as knock-on effects through supply-chains, tourism, and financial markets. We set out our forecasts for an historically-sharp downturn in the first half of 2020, but potential for a rapid recovery starting later this year and into 2021. Finally, we examine a downside scenario, simulated using our Global Economic Model, in which lockdown measures spread globally and the economic cost is even greater than in our baseline forecast.
Topic:
Economics, Public Health, Pandemic, and COVID-19
Political Geography:
Asia and Asia-Pacific

2. Assessing How Foreign State-Owned Enterprises' U.S. Based Operations Disrupt U.S. Jobs

Author:
Oxford Economics
Publication Date:
06-2019
Content Type:
Commentary and Analysis
Institution:
Oxford Economics
Abstract:
The entrance of a Chinese state-owned enterprise (SOE) in the transit passenger railcar manufacturing sector disrupts the current private-sector competitive railcar manufacturing sector in the U.S. In this study, Oxford Economics measures the net effects, stemming from this disruption by quantifying the loss to U.S. jobs, income and GDP that result from anti-competitive SOE practices. Even when domestic protective measures, such as 'Buy America' are put in place loss due to the SOE offshoring key apsects of their supply chain quickly accumulates--especially given the size and duration of municipal transit railcar contracts. We estimate that for every $1 billion in new contracts awarded to a Chinese SOE, the U.S. loses between 3,250 and 5,100 jobs.
Topic:
Hegemony, Employment, State Actors, Manufacturing, Job Creation, Supply Chains, and Contracts
Political Geography:
China, Asia, North America, and United States of America

3. The Economic Impact of Huawei in Japan

Author:
Oxford Economics
Publication Date:
11-2019
Content Type:
Commentary and Analysis
Institution:
Oxford Economics
Abstract:
Since opening its first office in Japan in 2005, Huawei has played a significant role in developing Japan's digital infrastructure. Working collaboratively with local manufacturers and innovators, the company has developed a suite of innovations that tailor technology solutions to the Japanese context. Huawei also delivers long-term benefits to Japan's productive potential, through its investment in Japanese research and development and the training it provides to its employees and the wider Japanese workforce. This report, commissioned by Huawei, seeks to quantify the company's "total economic impact" across Japan, through its direct operations and the "knock-on effects" it creates in Japanese supply chains and the wider economy. We find that in 2018, Huawei sustained a JPY 766 billion contribution to Japan's GDP, supported 46,400 Japanese jobs and generated JPY 208 billion in tax revenues.
Topic:
Economics, Tax Systems, Innovation, and Private Sector
Political Geography:
Japan and Asia