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The Scottish economy [April 1978]

Bell, David N. F. and Danson, Michael W. and Glassford, M. E. and Kirwan, Frank X. and McGilvray, James W. and Morton, A. J. and Wingfield, Alison A., Fraser of Allander Institute (1978) The Scottish economy [April 1978]. Quarterly Economic Commentary, 3 (4). pp. 5-33. ISSN 0306-7866

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Abstract

There is still little indication of a recovery in the flagging fortunes of the Scottish economy. Stagnant output and falling investment give little hope of a recovery of activity and a reduction in unemployment during the remainder of 1978. The Budget, which contained no special measures for the assisted areas, can hardly be expected to provide a strong stimulus to the Scottish economy. Thus, we expect that, after rising to around 210,000 in July, unemployment in Scotland will level off at about 200,000 in October.

Item type: Article
ID code: 50238
Keywords: Scottish economic trends, economic output, Scottish GDP growth, unemployment patterns, labour market trends, regional economic development, industrial performance, Economic Theory, Industries. Land use. Labor, Commerce, Economics and Econometrics
Subjects: Social Sciences > Economic Theory
Social Sciences > Industries. Land use. Labor
Social Sciences > Commerce
Department: Strathclyde Business School > Fraser of Allander Institute
Depositing user: Pure Administrator
Date deposited: 10 Nov 2014 11:57
Last modified: 02 Oct 2017 10:04
Related URLs:
URI: https://strathprints.strath.ac.uk/id/eprint/50238
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