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DREAM® - Detailed Regional Economic Accounting Model

Understand how wealth is generated in your area – you may know where the jobs are, but where does the money to pay people come from? How do local businesses trade with each other and the outside world? How involved are they in the opportunities and the threats that the national and global economies offer? See how your economy has developed – which sectors have grown and shrunk? How has performance changed? How related is it to what goes on elsewhere and how much is self-determined? How quickly do major developments take effect? Assess the impact of changes and projects – what happens if we attract a new investor in YY industry? What if factory X closes? What will be the local impact, and what will be passed on to the rest of our region and the nation as a whole?

The DREAM® suite of four models:

a snapshot of economic structure, showing how the area earns its way in the world, where local industries sell and where local people and businesses buy from, how much is earned and how it is spent.

a storyboard review of the timetrack of economic history of the area, showing how you got where you are, and assessing, for example, how much local economic prospects are linked to national ones, and how much they are independent, or how much local increases in employment are effective in reducing unemployment and improving social inclusion

an economic impact model, showing the likely effect of a project, such as a new investment, an event, such as a factory closure, or the jobs and GVA supported by an activity or industry.

DREAM® people a model for analysing and projecting demographic and labour market changes.

New in 2008 is a forecast module, designed for short term projections of where your economy is heading, and longer term scenarios of where you could lead it.

DREAM® is completely compatible with all the regional economic data published about your area, and with the UK national accounts.

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| Economic measurement | Economic and social development of regions and localities |
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cogentSI

COGENT STRATEGIES INTERNATIONAL LTD
KILLYLUNG HOUSE, DUMFRIES DG2 0RL SCOTLAND
Tel +44 (0) 1387 720 462 E-MAIL info@cogentsi.com

Cogentsi - Cogent Strategies International

Cogentsi - Cogent Strategies International

Cogentsi - Cogent Strategies International