Preface 1
This is the fourteenth edition of the Scottish Economic Report ( SER). The SER is published bi-annually and presents a detailed review of the progress and prospects for the Scottish Economy, together with analysis of the broader context in which the Scottish economy is set.
The Scottish Economic Report December 2006
This edition of the Scottish Economic Report has four main sections:
- Chapter 1: The Scottish Economy: Recent Developments and Future Prospects provides an overview of the Scottish economy. This chapter summarises the recent developments and future prospects for the Scottish economy.
- Chapter 2: Global, European and UK Economic Developments demonstrates the linkages between Scotland and the wider economic environment. The chapter provides a synopsis of economic developments in the United Kingdom, European, and global economies.
- Chapter 3: This chapter discusses the Executive's key policies for growing the economy, through outlining the key aspects of and links between the Framework for Economic Development in Scotland. This edition focuses on the new National Transport Strategy, as well as the links between Health and economic development.
- Chapter 4: Selected Economic Issues provides an opportunity for brief surveys of selected economic issues to be presented.
Other economic related publications
The Framework for Economic Development in Scotland (FEDS) has a clear vision for economic development: 'to raise the quality of life of the Scottish people through increasing the economic opportunities for all on a socially and environmentally sustainable basis'. During the past six months, the Executive has published several documents that support FEDS. These include:
Scotland's Strategy for Stronger Engagement with China2 (August 2006)
National Planning Framework for Scotland: Monitoring Report3 (September 2006)
Scotland's Strategy for Stronger Engagement with the USA4 (October 2006)
Scottish Economic Statistics 20065 (November 2006)
Scotland's National Transport Strategy6 (December 2006)
Input-Output Tables and Multipliers for Scotland 20037 (December 2006)
Government Expenditure and Revenue in Scotland 2004 - 20058 (December 2006)
Acknowledgements
Finally, I would like to acknowledge the major contributions to the preparation and compilation of this report by colleagues in the Office of the Chief Economic Adviser and the Executive as a whole.
Dr Andrew Goudie
Chief Economic Adviser
Scottish Executive
December 2006