Outlook and appraisal [November 1985]

Love, James and Blackhall, John and Chalmers, Margaret and Draper, Paul and Heeley, John and Jenkins, Iain and Lockyer, Cliff and Love, Jim H and McGilvray, James and McGregor, Peter and McVey, Mike and O'Donnell, Noreen and Stevens, Jim and Simpson, David and Tait, Elizabeth and Walker, Jim (1985) Outlook and appraisal [November 1985]. Quarterly Economic Commentary, 11 (2). pp. 1-2. ISSN 2046-5378

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    Abstract

    The Scottish economy, like that of the UK as a whole, looks set to experience a substantial shift in the relative importance of the factors determining growth in the coming year. As discussed elsewhere in the Commentary (see British Economy), growth in the recent past has been driven mainly by the expansion of investment and exports. With the interrelated factors of sterling's strength and continuing high real UK interest rates operating against a background of some deceleration in the growth of world trade, the prospect is that these influences will be largely replaced by the re-emergence of consumers' expenditure as the principal determinant of growth.

    Author(s):Love, James, Blackhall, John, Chalmers, Margaret, Draper, Paul, Heeley, John, Jenkins, Iain, Lockyer, Cliff, Love, Jim H, McGilvray, James, McGregor, Peter ORCID logoORCID: https://orcid.org/0000-0003-1221-7963, McVey, Mike, O'Donnell, Noreen, Stevens, Jim ORCID logoORCID: https://orcid.org/0000-0001-6035-1580, Simpson, David, Tait, Elizabeth and Walker, Jim
    Item type:Article
    ID code:53257
    Keywords:Fraser of Allander, Scottish economic outlook, Scottish economic activity, Economic History and Conditions, Economics, Econometrics and Finance(all)
    Subjects:Social Sciences > Economic History and Conditions
    Department:Strathclyde Business School > Economics
    Strathclyde Business School > Fraser of Allander Institute
    Depositing user: Pure Administrator
    Date deposited:03 Jun 2015 15:08
    Last modified:13 Nov 2019 03:42
    Related URLs:
    URI:https://strathprints.strath.ac.uk/id/eprint/53257
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