The state we're in - anatomy of Scotland's economy in decline

From: The Scotsman | Date: February 7, 2002| Author: | Copyright information

ANALYSIS

SCOTLAND'S economy is moving apace. Three months ago the story was one of relative decline. Today, that decline is now absolute.

That's absolute as in fall. Absolute as in regression. And absolute as in denial and complacency at the highest level.

Across Scotland's governing class there seems little concern about the problem or realisation of how it is getting worse. Any analysis of why Scotland's economic performance is now among the worst across the OECD is woefully lacking.

Instead, in a panic reaction to the latest data, came a badly presented and ill-researched announcement ...

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