Evolving economic challenges force policymakers to continually innovate to drive prosperity and avoid crisis. However, policymakers are often forced to operate in a comparative vacuum. Despite having a detailed understanding of the situation of their own country, they lack systematic tools to identify suitable policy options that have been proven elsewhere in the world. Moreover, this lack of clear international comparability prevents policymakers from clearly explaining the relative attractiveness of their country to a wide range of stakeholders, from potential foreign investors to international financial institutions and from international standards bodies to donors.
As such, policymakers are often either forced to invest substantial resources conducting their own research on potential international comaparators or are left subject to the preconceptions and policy recommendations of external stakeholders. QCA is the first analytical tool that enables policymakers to systematically benchmark themselves across a wide range of economic policies and look for policy options that have been proven in practice in 174 countries over the past fifteen years.
What we do
We help policymakers to:
Benchmark their country or region’s policy effectiveness against comparators of their choice from a dataset of 174 countries over 15 years.
Identify specific policies for effective economic development
Change stakeholder perceptions of their country which can bring benefits including:
Lowering borrowing costs
Boosting FDI
Developing a more constructive relationship with international financial institutions, investors, donors and other stakeholders
The systematic and quantitative nature of QCA enables rapid, cost-effective delivery. We developed our unique methodology—Quantitative Country Analytics (QCA)—in response to client demand for a rigorous, quantitative, consistent and comparable system that measures the outputs of successful policy. This allows policy makers to identify success models that they can reasonably copy. The system measures policy across 58 sub-factors that consistent 17 factors, 3 pillars and ultimately a single score. We provide this level of detail across all 174 countries.
This gives policy makers a unique ability to identify models of which they may not already be aware that have been successfully adopted by countries facing similar challenges. This enables policy makers to develop a robust case with which to engage with IFIs, donors, ratings agencies, investors and other stakeholders. The systematic and quantitative nature of QCA allows us to deliver analysis of differing complexity rapidly and cost-effectively and enables clients to follow-up initial high-level assessment with more focussed issue-specific analysis.