Publication - Strategy/plan

Towards a Robust, Resilient Wellbeing Economy for Scotland: Report of the Advisory Group on Economic Recovery

Published: 22 June 2020
Part of: Arts, culture and sport, Brexit, Business, industry and innovation, +17 more … Children and families, Communities and third sector, Constitution and democracy, Coronavirus (COVID-19) in Scotland, Economy, Education, Energy, Environment and climate change, Equality and rights, Farming and rural, Health and social care, Housing, Money and tax, Public sector, Scottish Budget, Transport, Work and skills
ISBN: 9781839608476

Report from the independent Advisory Group established by the Scottish Government to advise on Scotland’s economic recovery in the wake of the COVID-19 pandemic.

Supporting documents

Footnotes

1. https://www.gov.scot/publications/scotlands-economic-strategy/

2. http://www.oecd.org/unitedkingdom/making-inclusive-growth-happen-in-the-uk.htm

3. https://blogs.imf.org/2018/01/23/5-things-you-need-to-know-about-inequality/

4. https://www.gov.scot/publications/first-estimate-of-gdp-2020-q1/

5. https://www.gov.scot/publications/monthly-gdp-april-2020/ Note: Any apparent differences between Scotland and the UK as a whole are within the likely margin of error and should not be interpreted as significant.

6. https://www.gov.uk/government/statistics/coronavirus-job-retention-scheme-statistics-june-2020

7. https://www.gov.scot/publications/sectoral-impact-analysis-brexit-readiness-assessment/

8. https://www.gov.scot/publications/Covid-19-case-extending-brexit-transition-period/pages/1/

9. https://www.gov.scot/publications/scotlands-population-needs-migration-policy/

10. https://nationalperformance.gov.scot/

11. Natural capital: World Forum on Natural Capital https://naturalcapitalforum.com/about/
Social Capital OECD https://stats.oecd.org/glossary/detail.asp?ID=3560
People: World Bank Human Capital Project https://www.worldbank.org/en/publication/human-capital/brief/about-hcp

12. Annual Population Survey.

13. https://simd.scot/ The Scottish Index of Multiple Deprivation incorporates a variety of different aspects of deprivation including income, employment, access to services, health, education, housing and crime. Some characteristics of disadvantage in rural communities are not all picked up on this measure and communities in rural areas can face other types of challenges, such as accessibility and connectivity.

14. https://www.gov.scot/publications/state-economy-april-2020/

15. Index is composed as follows: 1. Population skills (degree qualifications of 16 - 64 population) - 25%, 2. Business Stock (Businesses per 10,000 adults) - 10%, 3. Deprivation (Fuel poverty - 10%/ Children in absolute low-income households - 15%), 4. Income (Median hourly earnings for all workers) - 10%, 5. Infrastructure and connectivity (Households unable to receive high-speed broadband of 10 Mb/s) - 10%, 6. Productivity (GVA per head) - 20%.

16. https://www.ifs.org.uk/inequality/Covid-19-and-inequalities/

17. https://www.ons.gov.uk/businessindustryandtrade/business/businessservices/bulletins/coronavirusandtheeconomicimpactsontheuk/4june2020

18. https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/june2020

19. https://www.ifs.org.uk/inequality/Covid-19-and-inequalities/

20. https://www.ippr.org/blog/what-does-Covid-19-mean-for-the-labour-market-prospects-of-young-people-in-scotland

21. https://www.ifs.org.uk/publications/14791

22. https://www.nuffieldfoundation.org/news/Covid-19-pandemic-could-increase-youth-unemployment-by-600000-this-year

23. https://www.gov.scot/publications/coronavirus-Covid-19-framework-decision-making/pages/5/

24. https://obr.uk/coronavirus-analysis/

25. https://www.gov.uk/government/news/chancellor-announces-additional-support-to-protect-businesses

26. https://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Public-Finances/Articles/2020-06-04-fiscal-package.html

27. Centre for Macroeconomics survey