Monday, March 26, 2007
COMPARATIVE GROWTH - SCOTSMAN LETTER
Scotsman letter today.
Peter Ellis's letter (23 March) comparing Scotland's growth to Albania's is wrong to say that theirs, at 6 per cent is the best in Europe. Ukraine (9.4 per cent), Lithuania (9 per cent), Latvia (7.4 per cent), Russia 7.3 (per cent), Belarus (6.8 per cent), Moldova (6.3 per cent). Estonia and Ireland have also had very impressive long-term growth.This is Mr Ellis' original letter on which I have commented. The growth figures are from Geography IQ Others will differ slightly depending on the year under question & counting methods - but not by much.
Of course, many countries are doing as well or better: China's 9.1 per cent growth means GNP doubles every eight years.
However, the basic point is true. Scotland (long term rate 1.5 per cent), and indeed the United Kingdom (2.5 per cent) could, and should, do far better if we only attempted to make growth the priority these nations do.
All power to the Albanians where it is deserved, but I do not think we are unable to match or exceed them.
NEIL CRAIG