Outlook and appraisal [June 2013]
Ashcroft, Brian (2013) Outlook and appraisal [June 2013]. Fraser of Allander Economic Commentary, 37 (1). pp. 3-23. ISSN 2046-5378
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Abstract
Clearer signs of a recovery are now emerging within the Scottish economy. This is to be welcomed. But despite the recent good survey evidence the recovery is far weaker than would be expected 5 years after a recession, even a recession generated by a banking crisis. The reason for this stagnation and anaemic recovery is twofold: the UK government's fiscal consolidation programme and a weak export performance reflecting both supply-side structural problems in the UK and Scottish economies as well as weak global demand. [This section appraises the current state of Scottish economic performance and explores the economic outlook.]
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Item type: Article ID code: 46742 Dates: DateEventJune 2013PublishedKeywords: Scottish economic performance, GDP performance, labour market conditions, Economic Theory, Economics, Econometrics and Finance(all) Subjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 18 Feb 2014 15:05 Last modified: 25 May 2023 09:19 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/46742