Wealth of the Nation: Scotland's Productivity Challenge

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Abstract

Productivity is the single most important determinant of a country's average living standards and wealth. But, despite a skilled workforce and no shortage of strategies, Scotland's productivity performance underperforms compared with many advanced economies. This report puts Scotland's productivity performance in context and asks what it can learn from places which have made significant improvements to one or more of its main drivers. Sizeable increases in productivity are notoriously hard to make happen, but modelling shows that even a small change can make a big difference.
Original languageEnglish
Place of PublicationEdinburgh
Number of pages69
Publication statusPublished - 6 Sep 2018

Keywords

  • Scotland
  • productivity
  • challenge
  • wealth
  • nation

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