Forecasts of the Scottish economy [July 2005]

Low, Kenneth (2005) Forecasts of the Scottish economy [July 2005]. Quarterly Economic Commentary, 30 (2). pp. 15-18. ISSN 0306-7866

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Abstract

There are clear signs of a slowing in the world economy. Europe is a particular concern for the Scottish economy with no sign of pick-up in activity until 2007. The expected slow depreciation of sterling over the next two years will probably contribute to increased export growth for the UK.