Forecasts of the Scottish economy [March 2011]

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

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    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.

    Creators(s): Allan, Grant ORCID logoORCID: https://orcid.org/0000-0002-1404-2768;
    Item type:Article
    ID code:46717
    Keywords:Scottish economy, Fraser of Allander, economics and finance, Economic Theory, Economics, Econometrics and Finance(all)
    Subjects:Social Sciences > Economic Theory
    Department:Strathclyde Business School > Economics
    Strathclyde Business School > Fraser of Allander Institute
    Depositing user: Pure Administrator
    Date deposited:17 Feb 2014 14:55
    Last modified:25 Jan 2021 03:14
    Related URLs:
    URI:https://strathprints.strath.ac.uk/id/eprint/46717
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