Summary [July 1976]

David N. F. Bell, Alan Carruth, James W. McGilvray, N. O'Sullivan, David R. F. Simpson, Fraser of Allander Institute

Research output: Contribution to journalArticle

Abstract

Unless there is a major initiative in government economic policy, leading to a substantial and permanent increase in the level of productive investment in both the public and the private sectors, the outlook for the Scottish economy in 1977 and 1978 is a bleak one. In the absence of any such increases, then the most likely outcome of existing and forseeable trends is that the present mild recovery will fade away by the first half of 1977, and thus that unemployment will not fall below the 120 thousand level until sometime in 1978 or even 1979.
LanguageEnglish
Pages21-22
Number of pages2
JournalQuarterly Economic Commentary
Volume2
Issue number1
Publication statusPublished - Jul 1976

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Unemployment
Private sector
Government
Economic policy

Keywords

  • world economic trends
  • Scottish economic forecasts
  • British economic forecasts
  • Scottish economy

Cite this

Carruth, A., O'Sullivan, N., & Fraser of Allander Institute (1976). Summary [July 1976]. Quarterly Economic Commentary, 2(1), 21-22.
Carruth, Alan ; O'Sullivan, N. ; Fraser of Allander Institute. / Summary [July 1976]. In: Quarterly Economic Commentary. 1976 ; Vol. 2, No. 1. pp. 21-22.
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Carruth, A, O'Sullivan, N & Fraser of Allander Institute 1976, 'Summary [July 1976]' Quarterly Economic Commentary, vol. 2, no. 1, pp. 21-22.

Summary [July 1976]. / Carruth, Alan; O'Sullivan, N.; Fraser of Allander Institute.

In: Quarterly Economic Commentary, Vol. 2, No. 1, 07.1976, p. 21-22.

Research output: Contribution to journalArticle

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Carruth A, O'Sullivan N, Fraser of Allander Institute. Summary [July 1976]. Quarterly Economic Commentary. 1976 Jul;2(1):21-22.