What steps can we take to turbocharge productivity in Scotland and what effects would that process have on our economy, businesses and society as a whole? A new report from CBI Scotland reveals how unlocking regional productivity growth can bolster Scotland's economy.
In December 2016 the CBI published 'Unlocking regional growth', a report exploring the drivers of growth and productivity differences across the UK and what could be done to fix disparities between regions and nations.
The analysis identified four main drivers of productivity differences: educational attainment, transport links and connectivity, management practices and innovation, as well as the proportion of firms who export.
Pursuing prosperity explores the significance of these drivers for Scottish productivity.
The scale of productivity differences across Scotland:
- Scotland's productivity performance has fared better than the UK as a whole over the last decade. The historical gap between productivity levels in Scotland and the UK as a whole has narrowed significan