Outlook and appraisal [May 1984]

Frank Kirwan; Bob Buchanan; Robert Crawford; Paul Draper; Frank Harrigan; John Heeley; Iain Jenkins; James Love; Iain McNicoll; Jim McGilvray; Michael McVey; Arthur Midwinter; Noreen O'Donnell; David Simpson; Jim Stevens; Jim Walker; Frank Kirwan

Outlook and appraisal [May 1984]

Frank Kirwan, Bob Buchanan, Robert Crawford, Paul Draper, Frank Harrigan, John Heeley, Iain Jenkins, James Love, Iain McNicoll, Jim McGilvray, Michael McVey, Arthur Midwinter, Noreen O'Donnell, David Simpson, Jim Stevens, Jim Walker, Frank Kirwan (Editor)

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Abstract

This Commentary revises upwards our February assessment of the prospects for growth in the Scottish economy during the current year. The revision reflects several factors. The upturn in Scottish industry last year was both slower and weaker than anticipated, with the result that a greater part of the recovery phase is now likely to occur during the current year rather than in 1983. By contrast, the upturn in export markets other than the rest of the UK has proved stronger than foreseen. In addition, increases in personal tax allowances in the March Budget were almost three times as large as required by simple indexation. This Commentary will also appraise the current health of the world and UK economies.

Original language	English
Pages (from-to)	1-13
Number of pages	13
Journal	Quarterly Economic Commentary
Volume	9
Issue number	4
Publication status	Published - May 1984

Keywords

UK economic trends
British economic performance
industrial output
labour market trends
public sector borrowing

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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title = "Outlook and appraisal [May 1984]",

abstract = "This Commentary revises upwards our February assessment of the prospects for growth in the Scottish economy during the current year. The revision reflects several factors. The upturn in Scottish industry last year was both slower and weaker than anticipated, with the result that a greater part of the recovery phase is now likely to occur during the current year rather than in 1983. By contrast, the upturn in export markets other than the rest of the UK has proved stronger than foreseen. In addition, increases in personal tax allowances in the March Budget were almost three times as large as required by simple indexation. This Commentary will also appraise the current health of the world and UK economies.",

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AU - Kirwan, Frank

AU - Buchanan, Bob

AU - Crawford, Robert

AU - Draper, Paul

AU - Harrigan, Frank

AU - Heeley, John

AU - Jenkins, Iain

AU - Love, James

AU - McNicoll, Iain

AU - McGilvray, Jim

AU - McVey, Michael

AU - Midwinter, Arthur

AU - O'Donnell, Noreen

AU - Simpson, David

AU - Stevens, Jim

AU - Walker, Jim

A2 - Kirwan, Frank

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KW - British economic performance

KW - industrial output

KW - labour market trends

KW - public sector borrowing

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UR - http://www.strath.ac.uk/fraser/

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ER -

Outlook and appraisal [May 1984]

Abstract

Keywords

UN SDGs

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