Welcome
We are a niche, independent international economics advisory. We work with our powerful senior global advisors to help businesses and governments address the increasingly complex issues that confront them.
CONTACT USNow in our 18th year
Latest work
Our most recent analysis
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Global Coordination after the loss of the hegemon: a viable basis for European cooperation
David Vines and John Llewellyn propose a new model for European cooperation without US-led economic leadership. How can Europe strengthen cooperation in a world without dependable US leadership? Writing for CEPR’s Europe 2050: Geometries of Peace, Power, and Prosperity initiative,…
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AI: making sense of the commentary
Expert views on AI’s effects can seem contradictory, but a systematic economic framework brings much more clarity What will AI mean for productivity, jobs, and the wider economy? In AI:…
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The Ungoverned Decade: A Case for a National Strategy & Resilience Board
Government is too fragmented to manage megaforces. The solution is a National Strategy & Resilience Board (NSRB). How can government and business prepare for risks that neither can manage alone?…
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Artificial intelligence: the grey rhino in the boardroom
A high velocity risk that stands to be the most significant test in a generation. Is your board prepared for how AI could reshape your business? In Artificial intelligence: the…
We help businesses and governments to succeed in an increasingly complex and uncertain world.
The collective knowledge and experience of our global team of experts is invaluable to clients across a wide range of sectors, helping them unlock knowledge, create opportunities, manage risk, make informed decisions, and plan better for the future.
What we do
Macroeconomics and Financial Markets
Analysis of the key economic drivers and risks underpinning business, investment, and government decisions — led by Dr John Llewellyn and Dimitri Zenghelis.
Learn moreGeopolitics
In collaboration with Gatehouse Advisory Partners, we help clients worldwide manage geopolitical risk and capitalise on opportunity in a fast-changing world.
Learn moreInnovation & Sustainability
Deep specialist knowledge to help companies, investors, regulators, and governments plan for and address the challenges of the shift to sustainability.
Learn moreStrategic Risk & Resilience
Frameworks and strategies that embed resilience into decision-making — making it dynamic, measurable, and actionable rather than static risk management.
Learn moreArtificial Intelligence
Advising executives and boards on defining, implementing, and governing responsible, commercially focused AI and technology strategies.
Learn moreExpert Witness and Litigation Support
Rigorous, practical support wherever economics is at issue — from early case assessment and expert reports to settlement advice and testimony.
Learn morePartner and affiliate organisations
History
Founded
Independent Economics was founded in 2009 as Llewellyn Consulting by internationally-renowned economist Dr John Llewellyn and Preston J. Llewellyn.
John has had a wide and varied career. At the OECD, he was variously Head of International Forecasting and Policy Analysis, Editor of the OECD Economic Outlook, Deputy Director for Social Affairs, Manpower and Education, and Chef de Cabinet to the Secretary General. Then he became Global Chief Economist, and later Senior Economic Policy Advisor at Lehman Brothers.
Preston is an experienced business leader and economist. He has over twenty five years’ experience, including over a decade at the industrial ‘coalface’, in a mid-sized electronics and engineering company, serving in a range of senior roles, including corporate strategy, business development, communications, and marketing.
Economists with over seventy years of wide experience between them, John and Preston had become acutely aware of the extent to which economics plays, one way or another, into the great majority of business, financial, and government decisions.
Economic Analysis
Much of the economic analysis on which decision makers rely is not up to the task. Economic analysis, while often potentially powerful, needs to be appropriate, applied with skill and care, be undertaken in the light of experience, and be presented clearly and succinctly. From day one therefore the core team was buttressed with expertise from a range of senior economists with a wide range of specialisms and in many different parts of the world.
Expansion
As the company expanded, the breadth of the firm’s commissions in business, financial, and policy areas grew, as did the number of prestigious clients. Accordingly the number of practice areas widened, and the Associate base was enlarged, to bring in highly experienced individuals from around the world, who have served at the most senior levels – in government, central banks, global financial institutions, and business.
Today
Today, more than ever, Independent Economics provides clients with truly independent, rigorous, relevant, expert-backed analysis to help them succeed in their purpose.
Members of the firm and those associated with it who may choose to go beyond that, including expressing moral or political judgement, are at liberty to do so, but these views are of the individual and not of Independent Economics.







