The Scottish economy [April 1978]

Tools

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

[thumbnail of FEC_3_4_1978_Scottish_Economy]
Preview
 PDF. Filename: FEC_3_4_1978_Scottish_Economy.pdf
Final Published Version
Download (1MB)| Preview

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.

CORE (COnnecting REpositories)