§ Mr. Peter Bottomley
To ask the Chancellor of the Exchequer how many models of the economy are funded in whole or part by Government.
§ Mr. Maples
The Treasury and the Bank of England both maintain models of the United Kingdom economy. Research on the London business school and the National Institute of Economic and Social Research models of the United Kingdom economy and on their GEM model of the world economy is partly funded by the Economic and. Social Research Council Macroeconomic modelling consortium. The consortium is also funding research on a model currently being developed at Strathclyde university.