Scotland's Budget Report 2020

Eiser, David and Congreve, Emma, Fraser of Allander Institute (2020) Scotland's Budget Report 2020. Fraser of Allander Economic Commentary, 44 (4). ISSN 2046-5378

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Abstract

Recent positive news on vaccine development raises expectations that 2021/22 will herald the beginnings of a recovery from both the health and economic shocks caused by Covid in 2020. But the precise path of that recovery remains very uncertain. It will depend on the pace of the vaccination programme, the effectiveness of the vaccine and test-and-trace programmes in containing the virus, and the pace at which health restrictions can be lifted as a result. As well as the pace at which restrictions can be lifted, the outlook for the economy will depend on the degree of structural damage wrought by the crisis, and the extent to which households unwind significant savings increases during 2020.

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• Item metadata

  Item type:	Article
  ID code:	74930
  Dates:	Date Event 16 December 2020 Published
  Subjects:	Social Sciences > Economic Theory
  Department:	Strathclyde Business School > Economics Strathclyde Business School > Fraser of Allander Institute
  Depositing user:	Pure Administrator
  Date deposited:	16 Dec 2020 15:18
  Last modified:	09 Apr 2024 03:41
  Related URLs:	Organisation
  URI:	https://strathprints.strath.ac.uk/id/eprint/74930