Picture of mobile phone running fintech app

Fintech: Open Access research exploring new frontiers in financial technology

Strathprints makes available Open Access scholarly outputs by the Department of Accounting & Finance at Strathclyde. Particular research specialisms include financial risk management and investment strategies.

The Department also hosts the Centre for Financial Regulation and Innovation (CeFRI), demonstrating research expertise in fintech and capital markets. It also aims to provide a strategic link between academia, policy-makers, regulators and other financial industry participants.

Explore all Strathclyde Open Access research...

The Scottish economy [January 1980]

Bell, David N.F. and Emmett, Gary and Fraser, Neil and Jowett, Anne and Kirwan, Frank X. and McNicoll, Iain H. and Moar, Lyle and Orton, Ian and Simpson, David R. F. and Wingfield, A. A. (1980) The Scottish economy [January 1980]. Quarterly Economic Commentary, 5 (3). pp. 5-24. ISSN 0306-7866

[img]
Preview
PDF (FEC_5_3_1980_Scottish_Economy)
FEC_5_3_1980_Scottish_Economy.pdf
Final Published Version

Download (1MB) | Preview

Abstract

This Commentary has never gained a reputation for taking an optimistic view of the prospects for the Scottish economy. Unfortunately, its gloomier prognostications, on the whole, have turned out to be accurate. Examination of the evidence in this paper suggests that there is no reason to expect any reversal of Scotland's economic fortunes over the next six months. Unemployment will rise, output will stagnate and living standards are likely to fall. The short-term effects of current government policy are also likely to deepen the recession.