2023 in review [Podcast] EP77

Randolph, Hannah and Spowage, Mairi and Sousa, Joao (2023) 2023 in review [Podcast] EP77. Fraser of Allander Institute, Glasgow.

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FAI associate economist Dr Hannah Randolph is joined by our director Professor Mairi Spowage and deputy director João Sousa to review big events, themes, and what we did in 2023. The panel talk about the challenges in economic forecasting and measuring the economy, what we’ve learned from 25 years of the Scottish Business Monitor, and some of our income tax analysis from this year. We wrap up by taking a look ahead to analysis from the Centre for Inclusive Trade Policy and the impact of rising interest rates in 2024. Timestamps: (00:30) Challenges in economic forecasting; growth in 2023 (04:55) Uncertainty in measuring the economy (06:50) The Labour Force Survey and labour force estimates (11:45) 25 years of the Scottish Business Monitor (15:50) Income tax analysis (22:00) Upcoming research: Centre for Inclusive Trade Policy (25:30) Impact of increasing interest rates