Picture map of Europe with pins indicating European capital cities

Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

Explore research outputs by the European Policies Research Centre...

Forecasts of the Scottish economy [November 2009]

Allan, Grant (2009) Forecasts of the Scottish economy [November 2009]. Fraser of Allander Economic Commentary, 33 (2). pp. 18-29. ISSN 2046-5378

[img]
Preview
PDF (FEC_33_2_2009_AllanG)
FEC_33_2_2009_AllanG.pdf - Final Published Version
License: Unspecified

Download (273kB) | Preview

Abstract

It is five months since the last forecasts of the Scottish economy were published in the Fraser Economic Commentary. In that time, we have seen confirmation that Q2 growth was down 0.8% on Q1 2009, meaning that Scotland has now seen four quarters of consecutive negative growth. The rate of negative growth appears to have slowed, with Q1 2009 seeing a 2.5% quarterly reduction. Scottish GDP in Q2 was down 6.1% from its peak in Q2 2009.