22 . Glasgow Business December 2015
THE WAY AHEAD HELPING TO LIGHT
A new strategy is being prepared to drive forward Glasgow’s economy G
lasgow Chamber of Commerce is a key participant in the development of the new strategy and its leadership has already urged that
internationalisation be added as a key part of the strategy. Work on developing the new economic
strategy began with the draſt ing of a paper for the Glasgow Economic Leadership by Annemarie O’Donnell, Chief Executive of Glasgow City Council, and Professor Sir Jim McDonald, Chair of Glasgow Economic Leadership and Principal of the University of Strathclyde. T e strategy will replace the previous
10-year document launched in 2006 and will include the eff ect of a number of key developments since, including the economic
”Glasgow Economic Commission produced catalytic recommendations to support the city’s economic growth following the 2008 crash”
crash of 2008 and subsequent Economic Commission in 2011. Other material issues it will focus on include the City Deal, the 2015 Scot ish Government Economic Strategy, the UK Future Cities Demonstrator work in Glasgow, the city’s membership of the Rockefeller Resilient Cities Network and the
current debate on further devolution to cities. Glasgow Economic Commission produced
catalytic recommendations to support the city’s economic growth following the 2008 crash. Considerable progress has been made on what it outlined, including on private sector leadership, focus on key growth sectors, global promotion of Glasgow and its key sector ambitions and connectivity to national and international markets. It also had recommendations on innovative
funding of infrastructure investment, Further and Higher Education support of key sectors and skills to aid those sectors growth ambitions. T e new economic strategy will aim to
refl ect the positioning set out by former City Council Leader Gordon Matheson in his two
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