Forecasts of the Scottish economy [March 2011]

Tools

Allan, Grant (2011) Forecasts of the Scottish economy [March 2011]. Fraser of Allander Economic Commentary, 34 (3). pp. 21-40. ISSN 2046-5378

[thumbnail of FEC_34_3_2011_]
Preview
 PDF. Filename: FEC_34_3_2011_.pdf
Final Published Version
License: Unspecified
Download (453kB)| Preview

Abstract

Since our last forecast the recent slight improvement in labour market figures means that we have revised down (up) our estimates of unemployment (and employment) at the end of 2010. Growth in 2011, 2012 and 2013 continues to be uncertain as the global economic situation remains weak, with Scottish exports, for example, typically disconnected from the major growth economies, public sector fiscal consolidation most significant in 2011, and welfare spending reductions directly hitting household finances towards the end of our forecast period.

ORCID iDs

Allan, Grant ORCID logoORCID: https://orcid.org/0000-0002-1404-2768;
CORE (COnnecting REpositories)