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While forecasting has improved, Mr. Jarraud said there was a worrisome gap between developed countries and developing ones.
Modern weather forecasting has improved to the point that airlines can now tell with high reliability the moment a storm is expected to reach a major airline hub, making it easier to cancel and reschedule flights.
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Speaking at the Institute for Government in central London, Haldane said meteorological forecasting had improved markedly following that embarrassing mistake and that the economics profession could follow in its footsteps.
It's amazing to me how the accuracy of the forecasts has improved.
In most of the swing states, Mr. Obama's forecast has improved by almost exactly that margin.
Revenue collection forecasts have improved of late.
Fiscal forecasts have "improved a little" from November.
In the area of individual stock selection, Moroney and his staff at Dow Theory Forecasts have improved on Charles Dow's work.
"The forecasts have improved tremendously over the past decades," said Dr Florence Rabier from the numerical weather prediction group at Meteo France.
In Tanzania, for example, forecasting accuracy has improved leading to fewer stock outages of medicine and medical supplies.
"In the Caribbean, another 550 or more people were killed by that storm, making it one of the deadliest on record". In the 25 years since Category 5 Hurricane Andrew hit South Florida, forecasting accuracy has improved 65%, said Mary Erickson, deputy director at the National Weather Service.
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