The changing face of Scotch

Love, J H (1984) The changing face of Scotch. Quarterly Economic Commentary, 10 (1). pp. 60-62. ISSN 0306-7866

[thumbnail of FEC_10_1_1984_LoveJH] PDF. Filename: FEC_10_1_1984_LoveJH.pdf
Final Published Version

Download (84kB)

Abstract

Despite being the most "Scottish" of products, relatively little of the whisky distilled in this country is produced by companies ultimately controlled from within Scotland. What is more, the externally-controlled sector expanded significantly during the 1970s in a manner unseen since the arrival of the North American distilling giants in the immediate post-war years, once again raising the spectre of foreign domination of our (original) national drink. This brief economic perspective considers the change ownership profile of Scottish whisky distilleries and the promise of investment from the Far East.