Economic modelling as a service

Overview

Development advances are constrained by inefficient solutions and allocation of resources. By assessing ‘what-if’ questions and forecasting the effects of a particular intervention, policy or shock, it is possible to identify the most effective available option.

Our team of experts is ready to assist in applying a vast range of economic modelling techniques to deliver valuable insights and advice into development interventions, policies and initiatives, solve complex problems and measure impacts, synergies and trade-offs.

Featured projects

Who benefits from energy subsidies? Assessing the Moldovan Energy vulnerability reduction fund

Still recovering from the pandemic-induced economic downturn in 2020, the Russian invasion of Ukraine has now led to the worst energy crisis ever experienced in Moldova. The situation has placed energy vulnerability and energy poverty at the forefront of any policy debate in Moldova. To compensate the most vulnerable households, the Government has launched the Energy Vulnerability Reduction Fund. Assess here UNDP’s analysis on the short-term and long term effectiveness of this policy in alleviating energy and income poverty.

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Impacts of internal displacement: Evidence from 8 countries

Internal displacement is a major challenge to sustainable development. By the end of the 2021, more than 59 million people remained displaced in their own countries – the highest ever global figure and more than double the number recorded 10 years ago. Understanding the socioeconomic impacts of internal displacement – on indicators such as employment, education and health - is critical to design effective policies and development solutions addressing this population.

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SDG Push+: How electrification can boost development

Despite significant progress in recent years, the world is falling short of meeting the global energy targets set for 2030. To date, electrification has not yet reached 1 billion people – meaning 1 out of 7 individuals worldwide. However, achieving SDG 7.1.1. is still feasible, and it can have long-term development benefits such as GDP gains, reductions in poverty and better health. Explore in detail the synergies and trade-offs of an integrated set of investments towards full electrification.

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Open Knowledge Repository

report

Assessing impact of COVID-19 on the Sustainable Development Goals

The severe long-term impacts of the pandemic could be reversed with an ambitious but yet feasible integrated ‘SDG investments’, as detailed in this report.

2022 Africa Sustainable Development Report

The Africa Sustainable Development Report (ASDR) 2022 is a critical evaluation of Africa's progress towards sustainable development.

Socio-Economic Analysis of Subsidies (SEAS) simulator

Fossil Fuel subsidies represent a high fiscal burden that threatens the stability of public finance equilibria. Learn more about who benefits from it, their impacts on welfare, poverty and inequality, as well as the government budget required to maintain it.

Enhancing evidence-informed interventions

Understanding what works on the ground contributes to identification of solutions that are both viable and scalable in different contexts. Explore how UNDP embeds data and trials in the development process to measure impact.

Frequently asked questions

What’s economic modelling?

Economic modelling refers to the development of a model that is a simplified representation of the real world and is useful in supporting decision-making. It is based on a specific design/structure, a range of modelling assumptions, and a set of input parameters. 

What type of economic modelling are available?

Our team of experts uses a vast range of economic modelling techniques, such as Computable General Equilibrium (CGE) modelling, cost-benefit analysis, macro/microsimulation, and quasi experimental/experimental methods. We are also ready to assist with the development of survey instruments and analysis of large and complex datasets.

What kind of data is needed?

Our team can advise on the best and most suitable data sources available in a particular area/topic. The team can also make use of on-demand datasets – shared by clients, UNDP Country Offices or other partners.

How can I contact UNDP Economic modelling services?

Submit form or email to data@undp.org

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