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Orkney Islands economic review

Orkney is a unique economy within Scotland and has a number of significant economic strengths. It performs well on key measures of aggregate economic performance, with low levels of unemployment and relatively high levels of household income (compared to the Scottish average).

It has key strengths in a number of important sectors, from tourism to the marine sector through to food and drink. Across the 70 islands that make up Orkney there is world-class renewable energy potential.

Looking at what is best for Orkney’s economy, both at a local level and how national policy will impact upon local outcomes, is therefore crucial. The aim of this report, by the Fraser of Allander Institute, is to inform discussions on the future priorities of Orkney both locally and nationally.

Authors

Ben is part of the Knowledge Exchange team within the Institute and has experience working on a wide variety of projects for public and private sector organisations. He has a degree in Economics and is currently studying for an MSc on the Scottish Graduate Programme in Economics.

Adam is a Knowledge Exchange Associate at the Fraser of Allander Institute. They joined the FAI in 2018 and has been involved in various projects, particularly those involving IO modelling. Adam has an honours degree and masters in economics.

Find out more about Adam.

Picture of Graeme Roy, director of the Fraser of Allander Institute
Graeme Roy

Dean of External Engagement in the College of Social Sciences at Glasgow University and previously director of the Fraser of Allander Institute.

Mairi is the Director of the Fraser of Allander Institute. Previously, she was the Deputy Chief Executive of the Scottish Fiscal Commission and the Head of National Accounts at the Scottish Government and has over a decade of experience working in different areas of statistics and analysis.