MARes as an expert consulting entity whose goal is designed to generate useful fact-based insights into governance: public, private as well as academia as they relate to the macroeconomic environment, financial markets, Small and Medium Scale Enterprises and developmental agenda in general.
MARes proposes independent and actionable perspectives into the economy given directions and magnitudes to markets and economic policy issues. We engage essentially in forward looking model building that is designed to address purely African problems.
We assist our clients in taking informed decisions about the growth, investment, revenue and policies choices that would lead to greater profit both in the short and long run for the economic entity.
Our approach is to deploy an arsenal of intellectuals and practitioners who are charged to fashion out sustainable economic policy. These policies are expected to help in the optimal allocation of natural resources; helpful tool of analysis for monetary and fiscal policies in order to engender effective management of exchange rate, interest rate and prices; useful in assessing new investment strategies; and input in improving budgetary processes for optimal allocation of resources.
About Macroeconomics Analytics Resource
Introduction
Time is the dynamic factor in life that has the capacity to change anything and everything. We observe at Macroeconomics Analytics Resources (MARes) that three factors will shape current and future positions of the economies. The first is the reality that ‘’everything is in everything’’: that is interactions among agents in the society leads to satisfaction of human needs. The fact is that we have gone beyond econometrics where we are concerned about the significance or not of independent/exogenous variables in explaining a phenomenon. Nowadays, every variable has something to contribute to the explanation of any phenomenon, significantly or otherwise since we live in a world where interactions is the essence of human activities. Hence, the methodological approach had to shift to the application of a more all-encompassing dynamic modelling technique of modern economies.
The second reality is that we now need an explicit incorporation of uncertainties or shocks hitherto not taking into consideration in macroeconomic modelling in order to appreciate the dynamics that distort the world economies. The different types of the shocks include technological, monetary, natural disaster, political, trade, news, resource and environmental. The COVID-19 Pandemic is a big shock that has affected all sectors of the economy and it has led to different policy decisions to stem the spread of the pandemic including: social distancing, use of face mask and hand washing. The social interactions introduced into nearly all economies have constrained economic activities like the entertainment industry, restaurants, schools, mosques and churches. Governments have been compelled to implement various palliatives measures in order to stem theCOVID-19effects. At the end of the current pandemic, the word will not be the same. Also, the Russian-Ukraine as well as Israel-Gaza Wars have implications for the world economy. We are also conscious of the crisis gaining momentum including inflation, labour market dynamics, supply-side issues, monetary and fiscal challenges, increasing debt burden as well as lopsidedness in international trade and services. All these are drawing our attention at MARes for re-think in the way we look at our profession particularly in the Less Developed Countries of Africa.
The third reality, very close to the second is the entrance into the 4th Industrial Revolution characterised by robotics, artificial intelligence, machine learning and virtual realities etc. The latter has started and will continue to shape future world of human interactions inproduction, employment and all other human and economic activities.
Corporate Profile
In the light of the above, MARes being a child of necessity aimed at addressing these triple-plunged issues. In the face of these factors, MARes is set to bring about new insights into preparing macro economists for the future of work and research in a competitive advantageous manner. Therefore, it is determined to embark on cutting-edge approaches in macroeconomics for evidence-based modelling that will aid policy making and forecast. These dynamics have propensity to engender prosperity and growth of businesses as well as the national economy in the light of Agenda 2063.One of the major activities is a set of forward-looking methods of training.
MARes as an expert consulting entity whose goal is designed to generate useful fact-based insights into governance: public, private as well as academia as they relate to the macroeconomic environment, financial markets, Small and Medium Scale Enterprises and developmental agenda in general.
MARes proposes independent and actionable perspectives into the economy given directions and magnitudes to markets and economic policy issues. We engage essentially in forward looking model building that is designed to address purely African problems.
We assist our clients in taking informed decisions about the growth, investment, revenue and policies choices that would lead to greater profit both in the short and long run for the economic entity.
Our approach is to deploy an arsenal of intellectuals and practitioners who are charged to fashion out sustainable economic policy. These policies are expected to help in the optimal allocation of natural resources; helpful tool of analysis for monetary and fiscal policies in order to engender effective management of exchange rate, interest rate and prices; useful in assessing new investment strategies; and input in improving budgetary processes for optimal allocation of resources.
Our Services:
- DSGE Modelling for Policy Analysis and Forecasting
- Macroeconomic Modelling;
- Quarterly Projection Modelling.s
- General and customized training in the area of economic modelling;
- Business Consulting;
- Investment and financial advising;
- Project Evaluation; and
- Econometric Analysis
Training Programmes:
- Training in DSGE Modelling
- Training in Stata Programming for Business Analysis
- Middle and Advanced Training in Excel Software
- Training in Quarterly Projection Models
Target Market:
- Research Institutions
- Government agencies including CBN
- Students in Higher Institutions
- Finance and Investment Houses
- Organized Private Sectors
- Regional/International Institutions
- Small and Medium Scale (SMEs) Enterprises
Dissemination Strategies:
- Technical Report
- Workshops
- Seminars
- Trainings
- Workshops
Team:
- Philip Alege: Lead Consultant
- Gbadebo Odularu: Co-Lead Consultant: USA
- Reader Chris Kalu: Principal Consultant, Nigeria
- Adeyemi Ogundipe: Senior Industrial Expert, Canada
- Stephen Oluwatobi: Senior Knowledge Economist, UK
- Opeyemi Akinyemi-Babajide: Senior Expert Consultant, Canada
- Queen Esther Oye: Senior Monetary Policy Analyst, Nigeria
- Omobola Adu: Senior Financial/Market Analyst, Nigeria
- Dauda Musa: Senior Fiscal Analyst/Trainer, Nigeria
Advisers:
- Adeola Adenikinju: University of Ibadan, Ibadan
- Jonathan Aremu: Covenant University and Marketlinks, Lagos
- Isaiah Olurinola: Anchor University, Lagos
- Philip Olomola: Obafemi Awolowo University, Ile –Ife
- Afolabi Olowookere: Analyts’ Data Services and Resources, Ibadan.