Forecasts of the Scottish economy [June 2008]

Low, Kenneth (2008) Forecasts of the Scottish economy [June 2008]. Fraser of Allander Economic Commentary, 32 (1). pp. 30-34. ISSN 2046-5378

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While global growth is forecast to slow this year this will be more marked in the developed economies whilst growth is expected to continue more strongly in China and India. The US economy in particular is slowing due to concerns over their housing market and the impacts of the financial crisis.