Complex & dynamic: economies in constant transition.
Modern economies are complex systems in which a broad variety of actors enter relationships of production and exchange. Their actions and decisions change these relationships – usually on a continuous basis, but sometimes suddenly. New business models conquer the market, technical innovations enable the production of novel goods – or exogenous shocks such as COVID-19 and the war in Ukraine render the actors' plans obsolete overnight. There is only one constant in modern economies: Change.
Economic issues of the future
In pursuing their goals, businesses and states must maintain an overview of this dynamic environment – while including the reactions of other actors as part of their decision-making. Moreover, economic (and political) goals are often a long way off in the future.
- What political measures stimulate business growth and prosperity?
- Which are the industries of the future?
- What are the intended and unintended effects of stimulus packages?
- Which country or region has the best conditions for long-term investments?
Making long-term strategic decisions
Entrepreneurial and political actions have consequences: They can affect individual actors, industries or sectors, even the economy as a whole. A long-term vision is required to make well-founded strategic decisions. Social developments that are emerging today will have a broad impact tomorrow, the heterogeneous dynamics of (de-)globalisation, demographic shifts, new technologies – these are all key components of future framework conditions in which the actors must position themselves.
Macroeconomics: A selection of our services
Preparation, evaluation and econometric analysis
We support decision-makers by preparing, evaluating and econometrically analysing national and international statistics and data.
Economic Model Development
Our proven Prognos models are constantly improved and can be adapted flexibly to the respective issue.
We use our Prognos models to calculate economic scenarios. The scenarios highlight the consequences of entrepreneurial and political decisions on different actors (industries, regions, households) and on the economy as a whole – consistently and comprehensively.
Our long-term projections illustrate demographic and economic dynamics of the future already foreseeable today.
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Your contact at Prognos
Prognos – Providing Orientation.
Prognos is one of the oldest economic research centres in Europe. Founded at the University of Basel, Prognos experts have been conducting research for a wide range of clients from the public and private sectors since 1959 – politically independent, scientifically sound.Learn more