Forecasting & Benchmarking

Have a look at some of our projects on forecasting and benchmarking.

Outside of work, Nick loves spending time with his 2 daughters and is avid fan of Arsenal football club. He eagerly awaits the day his team celebrates the league title!

Mediterranean Growth Initiative

The Mediterranean Growth Initiative (MGI) aims to reframe the debate on the Mediterranean region through data and analysis. In 2016, we published the inaugural MGI Report, a data-driven assessment of political, economic and social progress in the countries of the Mediterranean.

In 2017, we developed and launched, a fully interactive, public resource platform. Now in its third year, provides direct and user-friendly access to data, forecasts and analysis covering the markets of the Mediterranean. is aimed at investors, policymakers, and researchers, as well as anyone who wants to gain an in-depth understanding of the region and its future.

Be sure to visit the site regularly for the latest data releases, our forecasts of key indicators, and to keep up with the latest developments from around the Mediterranean.

➥ Visit or follow the MGI Twitter account.



Review of Tax Revenue Forecasting Models for the Scottish Housing Market - The Scottish Government

Alma Economics worked with the Scottish Government to explore models for forecasting the housing market to inform the development of the Land and Buildings Transaction Tax forecasting model. The aim of the research was to provide a comparative evidence base for officials to decide on whether, and how, to change the current approach. We designed a sophisticated assessment framework to systematically highlight the strengths and weakness of each model’s approach. A summary table provided policymakers with an ‘at a glance’ overview of our assessment along with a list of recommendations.

 ➥ The final report can be found on the Scottish Government website.



Review of Benchmarking Methodologies - Office for Students (OfS)

Alma Economics conducted a review of benchmarking methods for the Higher Education (HE) sector. The goal of this project was to list and assess prospective techniques for the Office for Students (OfS), the regulator of HE providers in England, to make meaningful comparisons across the sector. Our research provided the OfS with up to date evidence on benchmarking methods and a thorough assessment of the strengths and weaknesses of each approach. This review presented complex benchmarking approaches in a clear and concise manner - presenting both an accessible version and technical extensions to tailor findings to different audiences, helping to maximise the impact of the analysis.