Forecasts of the Scottish economy [February 2009]

Kenneth Low

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The global economy is experiencing a significant contraction due to the spreading effects of the sub-prime and financial crisis. This has greater effects in the main developed economies (US, UK, France, Germany and Japan) but the repercussions affect countries such as Russia, China and India, where a sharp downturn in global growth adversely impacts on their growth.
Original languageEnglish
Pages (from-to)18-26
Number of pages9
JournalFraser of Allander Economic Commentary
Issue number3
Publication statusPublished - Feb 2009


  • Fraser of Allander Institute
  • Scottish economy
  • recession


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