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The Scottish economy [August 1982]

Fraser, N and Bell, D and Jowett, A and McGilvray, J and Moar, L and O'Donnell, N and Simpson, D and Tait, E and Walker, J and Wingfield, A (1982) The Scottish economy [August 1982]. Quarterly Economic Commentary, 8 (1). pp. 7-27. ISSN 0306-7866

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The outlook for the Scottish, and indeed British, economy is not encouraging. The figures of industrial output for June record a fall of 1.5%, suggesting that the nascent recovery in output experienced earlier this year is in need of intense incubation. Both domestically and internationally there appears to be little sign of policies designed to assist any such incubation.