What the council of economic advisors need to know about sustainable development

The decision by Alex Salmond to appoint a Council of Economic Advisors to move economic decision making away from purely political rationale is particularly welcome given the new administration’s commitment to sustainable economic growth as the overarching priority. From the first Minister’s statement to parliament4 is clear that as an economist he recognises that sustainable economic growth is not (just) economic growth that continues but economic growth that is environmentally and socially sustainable. In the Scottish Environment Protection Agency we have wrestled with just what sustainable economic growth might mean and here we offer some of our own thoughts to help the new council of economic advisors in their work

The Scottish economy [September 1995]

This section presents short and long term forecasts for the quarterly growth rates of Scottish manufacturing (Division D of the 1992 SIC) output

The Scottish economy [December 1995]

This section presents short and long term forecasts for the quarterly growth rates of Scottish manufacturing (Division D of the 1992 SIC) output

The Scottish economy [December 1995]

This section presents short and long term forecasts for the quarterly growth rates of Scottish manufacturing (Division D of the 1992 SIC) output

The Scottish economy [March 1995]

This section presents short-term and long-term forecasts for the quarterly growth rates of Scottish manufacturing (Division D of the 1992 SIC) output

The Scottish economy [June 1996]

This section presents short-term and long-term forecasts for the quarterly growth rates of Scottish manufacturing (Division D of the 1992 SIC) output

The Scottish economy [December 1996]

This section presents short and long term forecasts for the quarterly growth rates of Scottish manufacturing (Division D of the 1992 SIC) output

The Scottish economy [September 1989]

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The British economy [December 1989]

The rate of growth of output continues to slow down. The form of the economic contraction still gives cause for concern as the output of tradeables shows few signs of holding up better than non-tradeable production - the necessary requirement if recession is to be avoided. On the credit side investment, and particularly manufacturing investment, appears to be holding up well in the face of monetary contraction. In addition, the rate of growth of export volumes appears to be rising slowly relative to imports. The recent downward movement of sterling perhaps signals a change in economic policy

The Scottish economy [June 1989]

The latest CBI Industrial Trends Survey and the Scottish Chambers' Business Survey (SCBS)were carried out between March and April and between April and May respectively. The results of both surveys refer to the first quarter of 1989, against a background of sliding sterling, high interest rates, and rising inflation. It is perhaps not surprising that the SCBS, which was more optimistic than the CBI survey in the last report, reserves a cautious view on the immediate outlook for the Scottish economy, particularly for the manufacturing industry. The CBI survey shows a continuing fall in business confidence for the second consecutive survey