Forecasts of the Scottish economy [November 2010]

Grant Allan

Research output: Contribution to journal › Article

Abstract

As developed economies across the world adjust and recover from the global financial crises and the recession of 2008-9, recent data suggests that after four quarters of negative growth, Scotland has (in Q2) seen a quarter of growth largely outwith most expectations. This has come on the back of three quarters of anaemic growth performance (0.0%, 0.1% and -0.2%) while the unemployment rate and level has continued to increase. While this apparent dichotomy is analysed in more detail in an earlier section, the response of the labour market to changes in the level of activity will be important for our forecasts of both.
LanguageEnglish
Pages22-36
Number of pages15
JournalFraser of Allander Economic Commentary
Volume34
Issue number2
Publication statusPublished - Nov 2010

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Global financial crisis
Labour market
Recession
Dichotomy
Unemployment rate
Scotland

Keywords

  • Scottish economy
  • global finances
  • monetary policy

Cite this

Allan, Grant. / Forecasts of the Scottish economy [November 2010]. In: Fraser of Allander Economic Commentary. 2010 ; Vol. 34, No. 2. pp. 22-36.
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Allan, G 2010, 'Forecasts of the Scottish economy [November 2010]' Fraser of Allander Economic Commentary, vol. 34, no. 2, pp. 22-36.

Forecasts of the Scottish economy [November 2010]. / Allan, Grant.

In: Fraser of Allander Economic Commentary, Vol. 34, No. 2, 11.2010, p. 22-36.

Research output: Contribution to journal › Article

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Allan G. Forecasts of the Scottish economy [November 2010]. Fraser of Allander Economic Commentary. 2010 Nov;34(2):22-36.

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