Socio-economic and regulatory impact assessment
We help governments, law-makers, and the private sector to map and understand the economic, social, environmental, and health impacts of proposed changes to policy and legislation.
We produce strongly independent analysis that seeks to balance economic with social concerns, markets with society, public with private interests.
Our ability to see the position of all sides is our stand-out strength.
Typically, our clients ask for our services on complex issues in multi-stakeholder environments that are often polarised. This is because we are trusted by the market and the state, and have a hard-earned reputation for rigour, ethics and quality.
Our work is supported by a full set of conceptual, modelling and research tools (both qualitative and quantitative) including:
Social Accounting Matrix (SAM) modelling
Computable General Equilibrium (CGE) modelling
Cost Benefit Analysis (CBA)
Social Return on Investment (SROI)
These tools allow us to assess the potential economic impact of policies, regulations, projects and company operations with the aim of enabling decision-making that is driven by evidence and data.
Our modelling principles are based on transparency and a depth of understanding within each of the sectors that we work. We believe that the quality of model results is heavily dependent on the quality of input into the model and the applicability of the assumptions that drive the model. As such we take great care in crafting model input that is accurate, reliable and credible.
Impact can be assessed for a company, an investment, a project, or a sector and is an important tool in strategy, project implementation, regulatory advocacy, staff motivation and reputation management.
We are leaders in helping companies and investors conceptualise, measure and articulate the social, economic and environmental value created (or destroyed) by a company, sector or investment.
The quality of our work lies in economic rigour supported by a full set of conceptual, modelling and research tools, as well as a keen eye for producing compelling and truthful strategic narratives.
Impact can be assessed for a company, an investment, a project or a sector and is an important tool in strategy, project implementation, regulatory advocacy, staff motivation and reputation management.
Assessing the impact of regulatory decisions
We conduct ex-ante and ex-post impact assessments comparing the costs and benefits of regulatory decisions. We determine the efficiency and effectiveness of proposed regulation in terms of the impact on various stakeholders and the economy as a whole.
We have expertise in:
- Market and situational analysis of the regulatory context
- Analysis of the financial/economic cost and impact of regulation, including the effect on prices, profitability, and industry competitiveness
- Assessment of the distributional impact of regulation on stakeholders
- Compliance of regulation with existing legislation and policies
- Development of alternative scenarios relating to costs and other variables
- Public consultation and engagement with stakeholders.
Our offer is strategic: to review regulation and policy, develop insight into how each might affect the trajectory of regulated entities and related businesses, and to develop scenarios of impact that inform our clients’ choices.