Scottish Government

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Contents

Preface

Chapter1: Global, European and UK Economic Developments
1.1 Scotland in the Global, EU and UK Context
1.1.1 Integration with UK Economy and Rest of the World
1.1.2 Scottish Trade in the Global Environment
1.1.3 Inward Investment
1.2 Economic Developments and Prospects in the Global Economy
1.2.1 Recent Developments and Indicators
1.2.2 Economic Developments in the Euro Area
1.2.3 Economic Developments in the US
1.2.4 Future Prospects and Risks for the Global Economy
1.3 The UK Economy
1.3.1 Overview
1.3.2 Recent Developments and Risks
1.3.3 Current UK Monetary and Fiscal Indicators
1.3.4 Prospects and Forecasts for the UK Economy
1.3.5 Budget 2002: Announcements and Economic Impact

Chapter 2: Report on Economic Development Initiatives
2.1 Education
2.2 Support for Infrastructure
2.3 Enterprise Support and Skills Development
2.4 Rural Scotland
2.5 Social Justice
2.6 European Structural Funds

Chapter 3: The Scottish Economy: Recent Developments and Future Prospects
3.1 Summary
3.2 Output
3.3 Demand
3.4 Labour Market
3.5 Costs and Prices
3.6 Housing Market
3.7 Independent Forecasts
3.8 Assessment
Annex - Summary of Recent Business Survey Evidence

Chapter 4: Selected Economic Issues
A The Regional Employment Contribution of the Fisheries Sector to the Scottish Economy
B Enterprise Fellowships: Stimulating Innovation and Entrepreneurship