Worldwide Offices
At the time of writing, the economic outlook is gloomy. The Times is warning of a new credit crunch while The Telegraph is drawing its readers’ attention to the possibility of protectionism leading to a global depression. The Observer is comparing events in the world economy to a Madhatter’s Teaparty and The Mail is reporting on the occupation of several America
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Vistage Scotland recently hosted a very successful open day at the Merchants’ Hall in Edinburgh. Gary Weston, Chairman of Group 19, introduced the speaker Roger Martin-Fagg. One of the most popular Vistage speakers, Roger’s talk was named How Does the Economy Work and What Causes a Recession? They are two big and complex questions which Roger deftly explained with wit and verve. Injecting both humour and clarity into Gross Domestic Product forecasts is not the easiest of tasks but Roger’s engaging delivery ensured that even the most complicated of economic theories was easily digestible. Perhaps the most pressing question for most of the people in attendance was ‘What stage of the recession are we in?’
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The magnificent Merchants’ Hall on Edinburgh’s Hanover Street is the venue for a Vistage Open Day on Friday 5th March. The guest speaker will be Roger Martin-Fagg who will be talking about ‘How the economy really works – Will it be a V or W shaped recovery?’
Roger will be looking at: Why mechanical economists got it so badly wrong. Human behaviour and feedback loops. What is GDP, what drives it? How banks really work. The key indicators of activity. Why Government can
Last year’s financial upheavals sparked important changes in the global business landscape but, thanks to the troubles of institutions such as the Royal Bank of Scotland, they had a special significance for the Scottish business community. This year is likely to be no less interesting with a general election, a possible Scottish independence referendum and continuing uncertainty over the financial outlook all promising, or threatening, to shake things up. Vistage members already benefit from the regular predictions of Roger Martin Fagg and, in particular, his forecasts for the economy in the Vistage white paper, The New Economy: Prospering In The New Business Landscape. CA Magazine, the magazine from the
