Trends in Contemporary Economic Forecasting

Authors
  • Blagovesta Nikolova
    • Institute for the Study of Societies and Knowledge at the Bulgarian Academy of Sciences

Keywords
economic forecasting, technological forecasting, long-term forecasts, normative foresight, alternative futures

Summary
This text attempts to outline some changes in the realm of economic forecasting within the context of a broader process of transformation in contemporary forecasting during the last few decades. The paper focuses on the following issues: the rise of technological forecasting; the advantages of long-term planning; the emergence of ‘alternative futures’ and global modeling; the normative considerations in economic forecasting; and some specific problems which need to be taken into consideration when making economic forecasts.

JEL: O32; C53; F69
Pages: 17
DOI: 

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