Forecasts of the Scottish economy [June 2006]

Kenneth Low

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While the world economy slowed slightly in 2005 it is now clear that strong growth remains in the US, Japan, China, India and several other non-OECD countries. While the Euro Area has been a slow performer there are now signs of a broad based recovery even in Germany. We suggest that there is still a problem translating increased activity into higher incomes and therefore Germany could be losing out on some consumption gains.
Original languageEnglish
Pages (from-to)17-20
Number of pages4
JournalQuarterly Economic Commentary
Issue number1
Publication statusPublished - Jun 2006


  • Fraser of Allander Institute
  • Scottish economy
  • Scottish economic forecasts


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