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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