HC Deb 02 December 1977 vol 940 cc456-7W
Mr. Sillars

asked the Chancellor of the Exchequer if he will list the measures introduced in the Treasury in the last 10 years aimed at improving economic forecasting and planning.

Mr. Denzil Davies

Research and development is a continuing process, not least because economic relationships are liable to change over time, and it would not be possible to list all the changes introduced over the last 10 years. Some references to more recent changes can be found in the publication by Her Majesty's Treasury: "Macroeconomic model: technical model 1977", a copy of which is available in the Library.