TY - JOUR
T1 - The Scottish economy [April 1978]
AU - Bell, David N. F.
AU - Danson, Michael W.
AU - Glassford, M. E.
AU - Kirwan, Frank X.
AU - McGilvray, James W.
AU - Morton, A. J.
AU - Wingfield, Alison A.
AU - Fraser of Allander Institute
A2 - Bell, David N. F.
PY - 1978/4
Y1 - 1978/4
N2 - There is still little indication of a recovery in the flagging fortunes of the Scottish economy. Stagnant output and falling investment give little hope of a recovery of activity and a reduction in unemployment during the remainder of 1978. The Budget, which contained no special measures for the assisted areas, can hardly be expected to provide a strong stimulus to the Scottish economy. Thus, we expect that, after rising to around 210,000 in July, unemployment in Scotland will level off at about 200,000 in October.
AB - There is still little indication of a recovery in the flagging fortunes of the Scottish economy. Stagnant output and falling investment give little hope of a recovery of activity and a reduction in unemployment during the remainder of 1978. The Budget, which contained no special measures for the assisted areas, can hardly be expected to provide a strong stimulus to the Scottish economy. Thus, we expect that, after rising to around 210,000 in July, unemployment in Scotland will level off at about 200,000 in October.
KW - Scottish economic trends
KW - economic output
KW - Scottish GDP growth
KW - unemployment patterns
KW - labour market trends
KW - regional economic development
KW - industrial performance
UR - http://www.strath.ac.uk/frasercommentary/
UR - http://www.strath.ac.uk/fraser/
M3 - Article
SN - 2046-5378
VL - 3
SP - 5
EP - 33
JO - Fraser of Allander Economic Commentary
JF - Fraser of Allander Economic Commentary
IS - 4
ER -
