Magazine article Public Finance

Strong Public Sector 'Does Not Harm Private Sector'

Magazine article Public Finance

Strong Public Sector 'Does Not Harm Private Sector'

Article excerpt

Claims that the private sector in Scotland is being squeezed by a rapidly growing public sector do not appear to be justified, a study has found.

The report, by consultancy Experian for the Scottish Parliament's finance committee, highlights the 'clear and widening gap' between Scotland and the rest of the UK in public expenditure as a share of gross domestic product.

In 2003/04, Scotland's ratio was just over 50%, compared with a UK figure of 40.5%.

The Experian report points out that Scotland's public sector has been a contentious Issue for several years. Around one quarter of the country's workforce is employed in the public sector, one of the highest rates in the Western world.

Scottish Executive real spending has risen at an annual rate of around 4% while Scottish growth has languished at less than 2% a year, the report states. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.