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 metadata

  Item type:	Article
  ID code:	46742
  Dates:	Date Event June 2013 Published
  Keywords:	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 Institute
  Depositing user:	Pure Administrator
  Date deposited:	18 Feb 2014 15:05
  Last modified:	25 May 2023 09:19
  Related URLs:	Organisation Journal or Publication
  URI:	https://strathprints.strath.ac.uk/id/eprint/46742