Summary [July 1976]

Carruth, Alan and O'Sullivan, N., Fraser of Allander Institute (1976) Summary [July 1976]. Quarterly Economic Commentary, 2 (1). pp. 21-22. ISSN 0306-7866

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Abstract

Unless there is a major initiative in government economic policy, leading to a substantial and permanent increase in the level of productive investment in both the public and the private sectors, the outlook for the Scottish economy in 1977 and 1978 is a bleak one. In the absence of any such increases, then the most likely outcome of existing and forseeable trends is that the present mild recovery will fade away by the first half of 1977, and thus that unemployment will not fall below the 120 thousand level until sometime in 1978 or even 1979.

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• Item metadata

  Item type:	Article
  ID code:	50214
  Dates:	Date Event July 1976 Published
  Subjects:	Social Sciences > Economic Theory Social Sciences > Commerce Social Sciences > Industries. Land use. Labor
  Department:	Strathclyde Business School > Economics Strathclyde Business School > Fraser of Allander Institute
  Depositing user:	Pure Administrator
  Date deposited:	07 Nov 2014 16:11
  Last modified:	11 Nov 2024 10:51
  Related URLs:	Journal or Publication Organisation
  URI:	https://strathprints.strath.ac.uk/id/eprint/50214