Economic Commentary [September 2020]

Fraser of Allander Institute, James Black, Frantisek Brocek, Benjamin Cooper, David Eiser, Kevin Kane, Adam McGeoch, Stuart McIntyre, Graeme Roy (Editor), Mairi Spowage

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Abstract

COVID-19 has been one of the most disruptive events that society and businesses have experienced since World War II. The last six months have led to a dramatic contraction in economic activity across the world, in large part due to the shutdown of the global economy as countries managed the threat posed by the pandemic. In Scotland, this has resulted in the economy shrinking by nearly a fifth between April and June with unemployment on the rise and further redundancies expected across the country in the coming weeks.
Original languageEnglish
Pages (from-to)1-34
Number of pages34
JournalFraser of Allander Economic Commentary
Volume44
Issue number3
Publication statusPublished - 30 Sept 2020

Keywords

  • COVID-19 pandemic
  • Scotland
  • Scottish economics
  • economic forecasting
  • resilience

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