The Scottish economy [July 1981]

N. Fraser, D. Hamilton, F. Harrigan, A. Jowett, I. McNicoll, L. Moar, N. O'Donnell, I. Orton, D. Simpson, E. Tait, J. Walker, N. Fraser (Editor)

    Research output: Contribution to journalArticle

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    Abstract

    The current economic situation is extremely depressed and recent events suggest that, without significant increases in economic activity, the political and social fabric of this country may be several strained. However, as argued in the UK section, the prospects for recovery are bleak and reliance on a purely financial strategy to restore growth is in itself inadequate. The source of real economic growth lies in the ability of labour, capital and enterprise to come together in a manner conducive to increased productivity over time. It is therefore worthwhile examining these factors of production to determine the effect of current policies upon them.
    Original languageEnglish
    Pages (from-to)6-25
    Number of pages20
    JournalQuarterly Economic Commentary
    Volume7
    Issue number1
    Publication statusPublished - Jul 1981

    Fingerprint

    Labor
    Economics
    Economic growth
    Productivity
    Economic activity
    Factors of production
    Financial strategy

    Keywords

    • Scottish economic growth
    • economic conditions
    • Scottish economic performance
    • Scottish gross domestic product (GDP)
    • industrial output
    • Scottish labour market trends
    • employment patterns
    • recession economics

    Cite this

    Fraser, N., Hamilton, D., Harrigan, F., Jowett, A., McNicoll, I., Moar, L., ... Fraser, N. (Ed.) (1981). The Scottish economy [July 1981]. Quarterly Economic Commentary, 7(1), 6-25.
    Fraser, N. ; Hamilton, D. ; Harrigan, F. ; Jowett, A. ; McNicoll, I. ; Moar, L. ; O'Donnell, N. ; Orton, I. ; Simpson, D. ; Tait, E. ; Walker, J. ; Fraser, N. (Editor). / The Scottish economy [July 1981]. In: Quarterly Economic Commentary. 1981 ; Vol. 7, No. 1. pp. 6-25.
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    Fraser, N, Hamilton, D, Harrigan, F, Jowett, A, McNicoll, I, Moar, L, O'Donnell, N, Orton, I, Simpson, D, Tait, E, Walker, J & Fraser, N (ed.) 1981, 'The Scottish economy [July 1981]', Quarterly Economic Commentary, vol. 7, no. 1, pp. 6-25.

    The Scottish economy [July 1981]. / Fraser, N.; Hamilton, D.; Harrigan, F.; Jowett, A.; McNicoll, I.; Moar, L.; O'Donnell, N.; Orton, I.; Simpson, D.; Tait, E.; Walker, J.; Fraser, N. (Editor).

    In: Quarterly Economic Commentary, Vol. 7, No. 1, 07.1981, p. 6-25.

    Research output: Contribution to journalArticle

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    Fraser N, Hamilton D, Harrigan F, Jowett A, McNicoll I, Moar L et al. The Scottish economy [July 1981]. Quarterly Economic Commentary. 1981 Jul;7(1):6-25.