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Summary [January 1978]

David Bell, Mike Danson, M. E. Glassford, Frank X. Kirwan, A. J. Morton, David R. F. Simpson, Alison A. Wingfield

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Abstract

This brief provides a summary of the world, UK and Scottish economic outlook. The upward movement in the Scotland/UK unemployment relative over the past few quarters is unlikely to portend a return to the poor relative performance of the Scottish economy which occurred in the early nineteen sixties. Nevertheless the outlook for the Scottish economy in 1978 is not very encouraging.

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What this paper is about

This brief provides a summary of the world, UK and Scottish economic outlook. The upward movement in the Scotland/UK unemployment relative over the past few quarters is unlikely to portend a return to the poor relative performance of the Scottish economy which occurred in the early nineteen sixties. Nevertheless the outlook for the Scottish economy in 1978 is not very encouraging.

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Available abstract

This brief provides a summary of the world, UK and Scottish economic outlook. The upward movement in the Scotland/UK unemployment relative over the past few quarters is unlikely to portend a return to the poor relative performance of the Scottish economy which occurred in the early nineteen sixties. Nevertheless the outlook for the Scottish economy in 1978 is not very encouraging.

Key concepts: Unemployment, Economics, Economy, Economic growth

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