Dr Gary Gillespie

Written 3 posts

Scottish Government Chief Economic Adviser

State of the Economy

15th March 2013

This State of the Economy Report comes after a disappointing 2012 – a year when it had been hoped that economic fortunes would improve and momentum would finally return to the global economy. However, the economic outlook is more positive than this time last year. The Report focuses on the business sector, as in a…

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State of the Economy Report

23rd November 2012

This State of the Economy Report comes four years after the height of the financial crisis in autumn 2008. At that time, most forecasters predicted that the world’s major economies would experience a sharp – but relatively short – recession.

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Chief Economist – State of the Economy

31st July 2012

The outlook for the Scottish economy is one of continued recovery but with growth below both trend and initial expectations. Scotland is likely to continue to track the trends at the UK level as many of the determinants of UK growth – deleveraging, fiscal consolidation and the Euro crisis – are shared in Scotland.

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