Britain’s position in the economic ‘league table’

'Tis the season of making predictions about the future.  What will 2014 bring?  There has also been a lot a coverage of a study making predictions as far ahead as 2030.  

The study, published by the Centre for Economics and Business Research, makes some fairly startling predictions.  The most commented on is the forecast that the UK will have the largest economy in Europe by 2030.

There are plenty of reasons to either cheer this prediction (particularly by those who generally favour the current government's economic policies).  There are lots of reasons to have significant doubts about the reliability of these forecasts too.  Will Hutton in The Guardian expresses his lack of confidence in some of the guesswork here.

I wonder if by 2030, GDP will have fallen from favour (somewhat) as the main indicator of economic progress.  Most economists are keen to move towards a broader 'dashboard' approach to measuring economic progress, capturing a far wider range of data.

The Economist's World in Figures is quite a nice digest of stats comparing predictions for countries in 2014.

Join the tutor2u community

With a tutor2u account you can access extra features to support your teaching & learning.

Subscribe to the daily digest

Curate your own content

Track your training schedule

Manage your resource library

Receive job alerts

Join the community

Already joined? Sign in now ›

More From the Digital Store

Here is a 20-clue revision crossword on Behavioural Economics.

Free

Behavioural Economics Revision Crossword

Comprehensive and up-to-date coverage of the core topics for the new Year 1 (AS) teaching content for this A Level Economics specification.

£100.00 (+VAT)

Edexcel A Level Economics A (Year 1) Course Companion

Topic-by-topic editable PowerPoints on all the key topics for the Year 2 teaching content for AQA A Level Economics

£100.00 (+VAT)

AQA A Level Economics (Year 2) Teacher Topic PowerPoints

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u