The Scottish economy [April 1979]

D N F Bell, S Hart, F X Kirwan, I H McNicoll, L. Moar, D R F Simpson, A A Wingfield, D N F Bell (Editor)

    Research output: Contribution to journal › Article

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    Abstract

    As the latest economic data reveal, there is little doubt that the Scottish economy is weaker now than it was in 1974, How much this is due to the inadequacies of policy is difficult to ascertain. However, as this paper demonstrates, one can point to some factors, such as the removal of regional employment premium, which undoubtedly have had a detrimental effect on the economy, at least in the short-term. Further, it now seems likely, whichever party wins the next election, that regional policy, given the prevailing economic orthodoxy, will enter a 'passive' phase where assistance to the development areas will be tied to specific industries or projects. Whether the Scottish economy is now sufficiently robust to accommodate such a change remains to be seen.
    Original languageEnglish
    Pages (from-to)5-22
    Number of pages18
    JournalQuarterly Economic Commentary
    Volume4
    Issue number4
    Publication statusPublished - Apr 1979

    Fingerprint

    Economics
    Orthodoxy
    Regional employment
    Factors
    Elections
    Regional policy
    Economic data
    Industry
    Premium

    Keywords

    • Scottish economic trends
    • Scottish economic output
    • industrial production
    • Scottish gross domestic product (GDP)
    • Scotland
    • unemployment trends
    • labour market conditions
    • business confidence

    Cite this

    Bell, D. N. F., Hart, S., Kirwan, F. X., McNicoll, I. H., Moar, L., Simpson, D. R. F., ... Bell, D. N. F. (Ed.) (1979). The Scottish economy [April 1979]. Quarterly Economic Commentary, 4(4), 5-22.
    Bell, D N F ; Hart, S ; Kirwan, F X ; McNicoll, I H ; Moar, L. ; Simpson, D R F ; Wingfield, A A ; Bell, D N F (Editor). / The Scottish economy [April 1979]. In: Quarterly Economic Commentary. 1979 ; Vol. 4, No. 4. pp. 5-22.
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    title = "The Scottish economy [April 1979]",
    abstract = "As the latest economic data reveal, there is little doubt that the Scottish economy is weaker now than it was in 1974, How much this is due to the inadequacies of policy is difficult to ascertain. However, as this paper demonstrates, one can point to some factors, such as the removal of regional employment premium, which undoubtedly have had a detrimental effect on the economy, at least in the short-term. Further, it now seems likely, whichever party wins the next election, that regional policy, given the prevailing economic orthodoxy, will enter a 'passive' phase where assistance to the development areas will be tied to specific industries or projects. Whether the Scottish economy is now sufficiently robust to accommodate such a change remains to be seen.",
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    author = "Bell, {D N F} and S Hart and Kirwan, {F X} and McNicoll, {I H} and L. Moar and Simpson, {D R F} and Wingfield, {A A} and Bell, {D N F}",
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    Bell, DNF, Hart, S, Kirwan, FX, McNicoll, IH, Moar, L, Simpson, DRF, Wingfield, AA & Bell, DNF (ed.) 1979, 'The Scottish economy [April 1979]', Quarterly Economic Commentary, vol. 4, no. 4, pp. 5-22.

    The Scottish economy [April 1979]. / Bell, D N F; Hart, S; Kirwan, F X; McNicoll, I H; Moar, L.; Simpson, D R F; Wingfield, A A; Bell, D N F (Editor).

    In: Quarterly Economic Commentary, Vol. 4, No. 4, 04.1979, p. 5-22.

    Research output: Contribution to journal › Article

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    Bell DNF, Hart S, Kirwan FX, McNicoll IH, Moar L, Simpson DRF et al. The Scottish economy [April 1979]. Quarterly Economic Commentary. 1979 Apr;4(4):5-22.

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