Mairi Spowage is joined by David Eiser from the FAI, Dr Ed Poole and Guto Ifan from the Wales Governance Centre at Cardiff University, and David Philips from the Institute For Fiscal Studies to discuss the impact of Covid-19 on devolved fiscal frameworks.
Roger Mullin, Director of Momentous Change, Honorary Professor (University of Stirling) member of the Scotland Africa Business Association.
On 13 May 2020, the first case of Covid19 was identified in Lesotho, making it the last of Africa’s 54 countries to declare the presence of the virus. Somewhat surprisingly, Lesotho had already gone into lockdown on 29 March and had actually started loosening lockdown on 6 May.
Like the vast majority African countries, it seems to have shaped its response in light of experiences elsewhere such as in Europe, but not wishing to wait for cases to develop before acting.
On Friday 15th May, the Fraser of Allander team hosted a webinar, giving an overview of the current economic situation, the impact of the pandemic and the immediate outlook for the Scottish economy.
The presentations focussed on the economic context, highlighting some key findings from research by the institute into both regional and sectoral impacts, and discussed the implications for households, including future trends in child poverty and inequality. The session concluded with a discussion of ‘what next’ – including the opportunities and risks facing Scotland over the longer-term, which was followed by a Q&A session.
Graeme Roy, Director, FAI
Mairi Spowage, Deputy Director, FAI
Emma Congreve, Knowledge Exchange Fellow, FAI
Stuart McIntyre, Head of Research, FAI
(7:00) Mairi Spowage: What we know so far
(17:40) Emma Congreve: The impact on individuals and households
(25:45) Stuart McIntyre: The recovery and the long term challenges
(33:50) How will the fiscal framework be affected?
(43:35) What does the crisis mean for households, child poverty and universal basic income?
(52:15) What is the outlook for businesses in Scotland and what are the unemployment effects?
(56:30) What are the local and regional effects of the crisis and what is the outlook for local government?
(1:01:32) How will the crisis affect universities and colleges?
(1:07:50) What opportunities will there be for the economy and how can we support them?
(1:16:25) What are the implications for the construction sector and future house building?
(1:19:42) What are the long term implications for the care profession?
(1:22:29) How can companies be supported to support recovery?
(1:25:40) What does the current situation mean for Brexit?
The fight against the coronavirus is continuing to take its toll on economic activity in Scotland. Official data capturing the direct impact of the pandemic on the Scottish economy is beginning to be released (see our article from earlier this week on labour market and Universal Credit data), but at the moment it only covers the first few weeks of the lockdown. In this week’s article we continue to look at some regular and new indicators on business activity/sentiment, the labour market, consumer demand, and prices to provide us with an indication of where we might be heading.
With the First Minister’s announcement yesterday about the easing in lockdown restrictions, there may be changes afoot but these won’t be captured in these statistics given the timing of her statement. However, there may have been some spillover from the Prime Minister’s announcements relating to England on the 10th May and a sense that change was on its way. By all accounts, conditions clearly remain challenging, and will no doubt continue to be so even as we move into the next ‘restart’ phase.
Mairi Spowage is joined by Ian Bruce, Chief Officer at the Glasgow Council for the Voluntary Sector (GCVS) and Jenny Paterson, CEO of Breakthrough, to discuss how the current pandemic is affecting the voluntary sector in Scotland. This includes the immediate impact on the sector of the crisis and how the sector has had to adapt in this unprecedented period. Policy measures to support the sector, the support that organisations are giving to each other, and the long-term impacts on the sector are discussed, including the role that the voluntary sector can have in supporting the economic recovery to come.