The Scottish economy [January 1980]

David N.F. Bell, Gary Emmett, Neil Fraser, Anne Jowett, Frank X. Kirwan, Iain H. McNicoll, Lyle Moar, Ian Orton, David R. F. Simpson, A. A. Wingfield, David N.F. Bell (Editor)

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    This Commentary has never gained a reputation for taking an optimistic view of the
    prospects for the Scottish economy. Unfortunately, its gloomier prognostications,
    on the whole, have turned out to be accurate. Examination of the evidence in this paper suggests that there is no reason to expect any reversal of Scotland's
    economic fortunes over the next six months. Unemployment will rise, output will
    stagnate and living standards are likely to fall. The short-term effects of current government policy are also likely to deepen the recession.
    Original languageEnglish
    Pages (from-to)5-24
    Number of pages20
    JournalQuarterly Economic Commentary
    Issue number3
    Publication statusPublished - Jan 1980


    • Scottish economic performance
    • Scottish industrial performance
    • UK economy
    • production
    • Scottish gross domestic product (GDP)
    • unemployment trends
    • labour market conditions
    • recession

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