The Scottish economy [May 1982]

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

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    Abstract

    The Scottish economy is taking the first tentative steps towards a recovery in industrial output. Indices of production have slowly started to edge upwards and the results of the April 1982 CBI Industrial Trends Survey show a growth in business confidence. While unemployment will continue to rise, those in work will be faced with less short-time working and increased opportunities for overtime. The prospects for significant long-term growth with a concomitant reduction in unemployment is, however, dependent on a number of factors both domestic and international.
    Original languageEnglish
    Pages (from-to)5-26
    Number of pages22
    JournalQuarterly Economic Commentary
    Volume7
    Issue number4
    Publication statusPublished - May 1982

    Keywords

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

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    Fraser, N., Bell, D., Hamilton, D., Harrigan, F., Jowett, A., McGilvray, J., McNicoll, I., Moar, L., O'Donnell, N., Simpson, D., Tait, E., Wingfield, A., & Fraser, N. (Ed.) (1982). The Scottish economy [May 1982]. Quarterly Economic Commentary, 7(4), 5-26.