The Scottish Economic Recovery Plan: Accelerating Recovery
Over the last year, we have witnessed the deepest recession in living memory. What began as a financial crisis - striking hard at financial institutions across the globe - has extended to impact on many households and businesses across Scotland.
The Scottish Government's efforts to address the economic downturn and steer Scotland's economy towards recovery have evolved as the impacts of recession have unfolded. The first Economic Recovery Plan was first published in autumn 2008, with several updates during last year.
The current update sets out a number of priorities for the coming months to accelerate economic recovery in Scotland and increase sustainable economic growth. This includes development of a low carbon economy, supporting internationalisation, further improvements to the planning system, managing labour market pressures, a renewed focus on commercialisation, and improved access to finance.
Shaped by discussions with key stakeholders, this latest update demonstrates the importance of alignment across the public sector to deliver a comprehensive range of measures to accelerate recovery. The plan maintains the three key areas for recovery and sustainable economic growth: investing in innovation and industries of the future; strengthening education and skills; and supporting jobs and communities.