The lessons of Invergordon

David Simpson, N. Fraser (Editor)

Research output: Contribution to journalArticle

Abstract

In recent months, public attention has been drawn to a number of spectacular
plant closures, including the BSC plant at Glengarnock, Singer Clydebank, Talbot Linwood, Massey-Ferguson Kilmarnock, Wiggins Teape Fort William, and now the British Aluminium smelter at Invergordon. All have in common the fact that the plants concerned dominated their local labour market, so that, when closure came, there were few alternative employment opportunities to which those made redundant could turn. The local vulnerability thereby created should be contrasted with the employment situation in the new town of Milton Keynes. There, the workforce is dispersed in small and medium-sized plants over a wide range of industries, so that when changes in market conditions, resource availability or technology affects one industry, not all hope of employment disappears at once. This brief paper considers the lessons to be learned and the economic levers available to stimulate job opportunities in areas affected.
LanguageEnglish
Pages25-26
Number of pages2
JournalQuarterly Economic Commentary
Volume7
Issue number3
Publication statusPublished - Feb 1982
Externally publishedYes

Fingerprint

Industry
Closure
Vulnerability
Economics
Resources
Market conditions
John Maynard Keynes
Workforce
Aluminum
Local labour markets

Keywords

  • plant closures
  • Scottish economic conditions
  • unemployment

Cite this

Simpson, D., & Fraser, N. (Ed.) (1982). The lessons of Invergordon. Quarterly Economic Commentary, 7(3), 25-26.
Simpson, David ; Fraser, N. (Editor). / The lessons of Invergordon. In: Quarterly Economic Commentary. 1982 ; Vol. 7, No. 3. pp. 25-26.
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Simpson, D & Fraser, N (ed.) 1982, 'The lessons of Invergordon' Quarterly Economic Commentary, vol. 7, no. 3, pp. 25-26.

The lessons of Invergordon. / Simpson, David; Fraser, N. (Editor).

In: Quarterly Economic Commentary, Vol. 7, No. 3, 02.1982, p. 25-26.

Research output: Contribution to journalArticle

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Simpson D, Fraser N, (ed.). The lessons of Invergordon. Quarterly Economic Commentary. 1982 Feb;7(3):25-26.