by Stephen Boyle

Key Facts

  • The underperformance of the Scottish economy relative to the rest of the UK has been of continuing concern for analysts since Cairncross. 

  • In the period from 1999 to 2014, GDP growth averaged 1.6% in Scotland and 1.9% in RUK.

  • Scotland ranked third amongst the nations and regions of the UK in 2013 and 2014, behind London and the South East of England.

  • Faster and sustainable growth has been the main economic objective of successive Scottish administrations.

  • The Scottish Government believes that reducing inequality would result in faster economic growth, hence its commitment to "inclusive growth".

For the full chapter, please see: Boyle, S. Economic Policy Performance. In Gibb, K., Maclennan, D., McNulty, K., & Comerford, M. (eds) Scottish Economy - A Living Book. London: Routledge. Available via this link.