The Scottish economy [October 1979]

David N.F. Bell; Gary Emmett; Neil Fraser; Anne Jowett; Frank X. Kirwan; James W. McGilvray; Iain H. McNicoll; Lyle Moar; Ian Orton; David R. F. Simpson; A. A. Wingfield; David N.F. Bell

The Scottish economy [October 1979]

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

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Abstract

The previous two issues of this Commentary have both indicated that the Scottish
economy has been performing poorly since the mid 1970's. This is true in both an absolute and a relative sense. Manufacturing production only increased by 1.2% between 1976 and 1978 and, after dropping below 1975 levels in the first quarter of 1979, is unlikely to show any substantial improvement for the year as a whole. In an international context the 1975-1978 performance can best be described as appalling. Over the same period industrial production in Eire grew by 28%, in Japan and the US by 23% and in West Germany and France by 15%. Inertia in developing new markets and lack of competitiveness in existing markets both contributed substantially to the virtual stagnation of Scottish output. Because the problems are so diverse, so too must be the solutions.

Original language	English
Pages (from-to)	6-23
Number of pages	18
Journal	Quarterly Economic Commentary
Volume	5
Issue number	2
Publication status	Published - Oct 1979

Keywords

Scottish economic trends
Scotland
Scottish gross domestic product (GDP)
consumer expenditure
private fixed investment
labour market trends
employment patterns
industrial performance
foreign investment
business confidence

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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title = "The Scottish economy [October 1979]",

abstract = "The previous two issues of this Commentary have both indicated that the Scottisheconomy has been performing poorly since the mid 1970's. This is true in both an absolute and a relative sense. Manufacturing production only increased by 1.2% between 1976 and 1978 and, after dropping below 1975 levels in the first quarter of 1979, is unlikely to show any substantial improvement for the year as a whole. In an international context the 1975-1978 performance can best be described as appalling. Over the same period industrial production in Eire grew by 28%, in Japan and the US by 23% and in West Germany and France by 15%. Inertia in developing new markets and lack of competitiveness in existing markets both contributed substantially to the virtual stagnation of Scottish output. Because the problems are so diverse, so too must be the solutions.",

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author = "Bell, {David N.F.} and Gary Emmett and Neil Fraser and Anne Jowett and Kirwan, {Frank X.} and McGilvray, {James W.} and McNicoll, {Iain H.} and Lyle Moar and Ian Orton and Simpson, {David R. F.} and Wingfield, {A. A.} and Bell, {David N.F.}",

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T1 - The Scottish economy [October 1979]

AU - Bell, David N.F.

AU - Emmett, Gary

AU - Fraser, Neil

AU - Jowett, Anne

AU - Kirwan, Frank X.

AU - McGilvray, James W.

AU - McNicoll, Iain H.

AU - Moar, Lyle

AU - Orton, Ian

AU - Simpson, David R. F.

AU - Wingfield, A. A.

A2 - Bell, David N.F.

PY - 1979/10

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N2 - The previous two issues of this Commentary have both indicated that the Scottisheconomy has been performing poorly since the mid 1970's. This is true in both an absolute and a relative sense. Manufacturing production only increased by 1.2% between 1976 and 1978 and, after dropping below 1975 levels in the first quarter of 1979, is unlikely to show any substantial improvement for the year as a whole. In an international context the 1975-1978 performance can best be described as appalling. Over the same period industrial production in Eire grew by 28%, in Japan and the US by 23% and in West Germany and France by 15%. Inertia in developing new markets and lack of competitiveness in existing markets both contributed substantially to the virtual stagnation of Scottish output. Because the problems are so diverse, so too must be the solutions.

AB - The previous two issues of this Commentary have both indicated that the Scottisheconomy has been performing poorly since the mid 1970's. This is true in both an absolute and a relative sense. Manufacturing production only increased by 1.2% between 1976 and 1978 and, after dropping below 1975 levels in the first quarter of 1979, is unlikely to show any substantial improvement for the year as a whole. In an international context the 1975-1978 performance can best be described as appalling. Over the same period industrial production in Eire grew by 28%, in Japan and the US by 23% and in West Germany and France by 15%. Inertia in developing new markets and lack of competitiveness in existing markets both contributed substantially to the virtual stagnation of Scottish output. Because the problems are so diverse, so too must be the solutions.

KW - Scottish economic trends

KW - Scotland

KW - Scottish gross domestic product (GDP)

KW - consumer expenditure

KW - private fixed investment

KW - labour market trends

KW - employment patterns

KW - industrial performance

KW - foreign investment

KW - business confidence

UR - http://www.strath.ac.uk/frasercommentary/

UR - http://www.strath.ac.uk/fraser/

M3 - Article

SN - 0306-7866

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SP - 6

EP - 23

JO - Quarterly Economic Commentary

JF - Quarterly Economic Commentary

IS - 2

ER -

The Scottish economy [October 1979]

Abstract

Keywords

UN SDGs

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