Economic Commentary [December 2018]

Fraser of Allander Institute, Grant Allan, James Black, David Eiser, Kevin Kane, Adam McGeoch, Stuart McIntyre, Anna Murray, Graeme Roy (Editor), Mairi Spowage

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Abstract

The past 12 months have provided both good news and bad for Scotland’s economy – economic growth has picked up during 2018, but overall growth remains low. One reason for the low growth is a lack of productivity growth. This mix of fortunes is also evident in the latest of Deloitte’s Power Up reports, Power Up: UK-Wide Growth. It showed that Scotland’s economy has only grown at around half the UK average rate and while the country has outperformed the UK average in productivity growth over the last 10 years, productivity growth remains low.
Original languageEnglish
Pages (from-to)1-32
Number of pages32
JournalFraser of Allander Economic Commentary
Volume42
Issue number4
Publication statusPublished - 11 Dec 2018

Keywords

  • labour market trends
  • Scotland
  • Scottish economics
  • economic forecasting

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