Using economics to inform the choices we face as a society
Strathclyde University’s Fraser of Allander is a leading economic research institute, which carries out impactful research to inform the big challenges and opportunities facing the nations of the UK.
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Positivity over business volume but pressure of inflation rising for Scottish firms
Scottish businesses have positive expectations for activity levels, employment and turnover according to the latest Addleshaw Goddard Scottish Business Monitor report, but also report that inflationary pressure and supply chain issues pose challenges in the year ahead. The report, which surveyed 500 firms in April from across the economy, revealed that all sectors of the Scottish economy recorded large and positive net balances for their volume of business in the first quarter of 2022, with this positivity expected to continue over the next six months.
An exploration of how financial inequality prevents the success of Scotland’s climate change aims
This essay, written by Ellen Keefe, was the overall winner in the 2021/22 Economic Futures Essay Competition. Students were invited to write an essay on an Economics topic related to the climate crisis and climate change policy in Scotland. Each of the four winning essays were featured as a perspective …
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Scotland in Climate Change time
This essay, written by Xiaoxuan Sha, was awarded second place in the 2021/22 Economic Futures Essay Competition. Students were invited to write an essay on an Economics topic related to the climate crisis and climate change policy in Scotland. Each of the four winning essays were featured as a perspective …
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How will climate change impact urban and rural areas of Scotland differently?
This essay, written by Craig White, was awarded third place in the 2021/22 Economic Futures Essay Competition. Students were invited to write an essay on an Economics topic related to the climate crisis and climate change policy in Scotland. Each of the four winning essays were featured as a perspective …
The Scottish Government’s current approach to changing climate behaviour
This essay, written by Chizulum Ifezulike, was awarded fourth place in the 2021/22 Economic Futures Essay Competition. Students were invited to write an essay on an Economics topic related to the climate crisis and climate change policy in Scotland. Each of the four winning essays were featured as a perspective …
Looking ahead to the local government elections
Backdrop Local elections will be held across all 32 Scottish local authorities on 5th May. Just over 1,200 council seats will be determined. Local government is a hugely significant part of the public service landscape in Scotland. Local government’s revenue settlement from the Scottish government in 2022/23 is almost £12bn, …
FAI Commentary Q&A Webinar | 1st April 2022
During the session we will discuss the findings of our latest Quarterly Economic Commentary! We will also discuss our latest forecasts, how price rises are affecting consumers and businesses, analysis of the increase of inactivity in the labour market, and of course analysis of the Spring Statement. In addition, we have included analysis of all things local government in advance of the elections in May.
Trends in Economic Activity
Economic inactivity describes a range of labour market statuses. At its most basic level, it means that you are neither employed nor unemployed. However, there are a range of reasons why people might not be in employment or seeking employment. These include because they are retired, and are therefore not …
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Outlook for growth in 2022 worsens as cost increases begin to bite
The Scottish economy is now above pre-pandemic levels after almost two years, but global uncertainties and inflation creates a difficult environment for consumers and businesses