Scottish Governments Chief Economist to deliver Masterclass at GCU

09 April 2013

Professor Gary Gillespie is the Scottish Governments Chief Economist

Professor Gary Gillespie is the Scottish Governments Chief Economist

Scotland’s most influential economist will deliver a Masterclass at Glasgow Caledonian University (GCU) on April 18.

Professor Gary Gillespie, the Scottish Government’s Chief Economist, will give a lecture entitled ‘Five years after the financial crisis: will 2013 be a pivotal year for recovery in Scotland?’ Professor Gillespie believes that while the Scottish economy is gradually improving, there are a number of challenges ahead.

He said: “This lecture 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.

“This lecture focuses on the legacies of the financial crisis and proposes that in a climate of deleveraging by the financial sector, governments and households, and with weak world trade, the performance of the Scottish business sector will be key.

“This year could be crucial for business and recovery in Scotland.”

Professor Gillespie joined the Scottish Government in 2000 before being appointed its Chief Economist in 2011. In the same year he was also appointed an Honorary Professor at GCU.

Professor John Wilson, Executive Dean and Pro Vice-Chancellor of Glasgow School for Business and Society, said: “It is a real privilege to have distinguished external academics and practitioners making key presentations to the School.

“In the case of Professor Gillespie, this is particularly timely given the significant issues surrounding the prospects for the Scottish economy and, of course, the context of the run-up to the independence referendum.

“The lecture provides an outstanding opportunity to the University community and the public to hear first-hand the authoritative views of the Chief Economist.”

The Masterclass is open to all members of the public. It will take place at the University’s Deeprose Theatre in Govan Mbeki Building and will begin at 5:30pm for 6pm.