Independent economic intelligence

We turn economic complexity into clear decisions.

Economy-wide modelling, policy analysis and feasibility studies for the governments that shape economies and the investors who build in them.

Economy-wide models

CGE frameworks linking every sector, household and the public budget

Policy scenarios

Baseline projections and what-if paths for reform options

Investment decisions

Feasibility, financial and economic appraisal

Arabic & English

Analysis, reports and briefings in both languages

Who we work with

Two kinds of decisions.
One standard of evidence.

Public policy and private investment ask different questions. Both deserve analysis that is rigorous, transparent and built around the decision at hand.

01 / Governments & ministries

Macroeconomic and policy analysis

We build and run economy-wide CGE models that show how a policy travels through every sector, household and the public budget — before it is implemented.

  • Baseline projections of the economy under current policies
  • Policy scenarios: tax, subsidies, trade, public investment
  • Impacts on GDP, sectors, employment and households
  • Fiscal and distributional effects of reform options

02 / Investors & companies

Feasibility and investment decisions

Launching a project, expanding capacity or rebalancing a portfolio? We test the market, the numbers and the risks before capital is committed.

  • Market and demand assessment
  • Financial feasibility: NPV, IRR, payback, funding needs
  • Cost-benefit and economic appraisal
  • Sensitivity, scenario and risk analysis

Our point of view

No two economies are the same. No two models should be, either. We build the analysis around your question — not the other way around.

Interactive preview

See how a policy travels
through an economy.

Pick a policy, change its size and the time horizon, and watch the economy’s path move against the baseline. Some reforms cost before they pay — that trade-off is exactly what our CGE work quantifies, with real data, for real decisions.

Scenario controls

Build a policy scenario

Choose a policy, set its size and the time horizon. The path compares the economy with and without the policy.

Policy

Construction demand lifts output quickly; the new capital stock raises productive capacity over time.

Real GDP: scenario vs. baseline

INDEX · BASELINE YEAR 0 = 100

● Simulation
With policy Baseline (current policies)
—
—index points
—

Illustrative demonstration with stylised coefficients. In a real engagement the scenario is run on a CGE model calibrated to national accounts and a Social Accounting Matrix.

Model intelligence

The right model
for the right question.

Not every question needs the same framework. These are the families of methods behind our work — often combined in one engagement.

Methodology spotlight

Computable General Equilibrium

Economy-wide models calibrated to a Social Accounting Matrix. They capture how industries, households, government and the rest of the world interact, so a policy change in one place shows up everywhere it matters.

Cross-sector spilloversTrade policyFiscal reformEnergy pricing

Questions it answers

  • What happens to GDP, jobs and prices if fuel subsidies are removed?
  • Which sectors gain or lose from a trade agreement?
  • How does a new tax change household welfare by income group?

Methodology spotlight

Baseline projections & macro forecasting

A consistent projection of where the economy is heading under current policies — the reference point every scenario is measured against. We combine macro-econometric relationships with the structure of the national accounts.

Medium-term outlookMacro-fiscal frameworkScenario design

Questions it answers

  • What does growth look like over the next 5–10 years without new policy?
  • How sensitive is the outlook to oil prices or global demand?
  • What fiscal space does the government have?

Methodology spotlight

Econometric analysis

Statistical estimation of the relationships that drive a market or an economy — demand, prices, trade flows, productivity — using time series and panel data. It grounds models and forecasts in evidence.

ElasticitiesTime seriesPanel dataCausal inference

Questions it answers

  • How strongly does demand respond to price changes?
  • What drove past growth in a sector?
  • Which indicators give early warning of a slowdown?

Methodology spotlight

Distributional microsimulation

Household-level models built on survey data that translate a policy into gains and losses for real households — by income group, region and household type.

Household surveysPoverty & inequalityTargeting

Questions it answers

  • Who carries the cost of a subsidy reform?
  • How should cash transfers be targeted to protect the poorest?
  • What happens to poverty and inequality?

Methodology spotlight

Cost-benefit and financial appraisal

Project-level models that compare costs and benefits over the life of an investment — financially for the investor and economically for society — with full sensitivity and risk analysis.

NPV · IRR · BCRShadow pricingRisk & sensitivity

Questions it answers

  • Is this project viable, and under which assumptions?
  • What are the NPV, IRR and payback period?
  • Does the project create value for the economy, not just the operator?

Analytical applications

Our methods,
built into tools.

Alongside advisory work, we develop applications that put structured analysis in the hands of the teams who use it every day.

CBA

Cost-Benefit Analysis

Appraise a project or policy by setting its costs and benefits side by side over its whole life — discounting, net present value, benefit-cost ratio, economic rate of return and sensitivity tests in one structured workflow.

NPV · BCR · EIRRSensitivity testsPublic & private projects

SMAT

Sustainability Maturity Assessment Test

Find out how far an organisation has come on sustainability. A structured assessment scores current practice, shows where the gaps are and sets priorities for the next steps.

Maturity scoringGap analysisImprovement roadmap

ERToller

Graphical interface for TROLL CGE models

Set up and run system-dynamics-type computable general equilibrium models through a graphical user interface built around TROLL — instead of working directly in its technical environment.

TROLLSystem-dynamics CGEScenario runs

eModeler

Economic model design

Design the structure of an economic model from the national accounts and the Social Accounting Matrix — matched to the sectors in official data and the indicators and policies the government needs to test.

National accounts & SAMSector aggregationPolicy indicators

How we work

From the question
to a confident decision.

01

Frame the decision

Agree the question, the options on the table and the criteria that will decide between them.

02

Build the evidence

Assemble national accounts, survey, market and project data, and choose a transparent method that fits.

03

Test the alternatives

Run scenarios against the baseline, stress-test the assumptions and show which ones really matter.

04

Support the decision

Clear reports and briefings for decision-makers — and the model itself, if you want to keep using it.

The next conversation

A policy to test? An investment to decide?

Tell us about the decision in front of you. We will come back with how we would approach it — the questions, the data and the method.