Introduction

Originally published in 1965, this book subjected the economic performance of Scotland to close examination. The progress of the Scottish economy from 1951 to 1960 was assessed in quantitative terms and estimates provided of Scottish gross domestic product, income from employment, gross profits and other economic statistics. Chapters are devoted to output and investment in manufacturing in industry and to personal income and expenditure. The results showed the extent to which the Scottish economy lagged behind the rest of the UK, especially during the latter part of the decade.