This report reviews the differing experiences of UK economic sectors during the COVID-19 crisis so far, the support offered by the government, and why the financial viability of many businesses still looks precarious.
This study uses tax data from the Longitudinal Business Database to estimate the firm-level average interest rate on liabilities.
Australia’s economy, like that of almost all other rich countries, is increasingly dominated by its service sector. This paper sheds light on the evolution of the services sector in Australia, busts some common misconceptions about services, and highlights the challenges associated with services productivity measurement...
This strategy report from the Business Council of Australia provides three clear steps to reopen the country and let people get on with their lives.
This study compares the relative performance of New Zealand’s firms to those economies using novel cross-country microdata from CompNet. The authors present stylised facts for New Zealand relative to the economies of Belgium, Denmark, Finland, Netherlands and Sweden based on average productivity levels, as well...
The scale and pace of COVID-related transformations have led to a need for many businesses to re-strategise and to keep adapting. Over September and October 2020, CISL initiated a series of conversations to explore the implications of these challenges and transformations for business action on...
Brexit and coronavirus are two shocks that are almost perfectly designed to substantially affect the entire UK economy. This paper argues that the UK government should restrict access to coronavirus support schemes to businesses affected by the pandemic, rather than those adjusting to Brexit changes.
The new small and medium sized businesses that are a by-product of this corporate restructuring use spatial networks instead of hierarchy (e.g. vertical and horizontal integration) to address agency problems and reduce transaction costs.
Doing business involves navigating a myriad of risks which makes insurance (compulsory and non-compulsory) an essential element of a successful business. This report finds that insurance is a pain point for many Australian businesses with most problems the result of complex global factors, rather than...