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Scottish Economy a bit sick 3 Comments More | Login | Reply /

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  • I didn't know that Scotland had been doing this for years. The first example I saw was pushing Scotland as a place to open up biotech and genomics research facilities, thanks to generous government incentives (highly educated workforce, location within the EU, etc.). And that was in a recent (July/August) issue of some American technology magazine...

    It must be working for someone. There's always a handful of ads like this in the Economist every week. Singhapore has been running these kinds of ads for

    • The problem is that the workforce isn't highly educated. The majority of the educated workforce in scotland migrates to London (I don't have stats for this, it's only based on talking to people while I lived there). This "brain drain" is a really well known factor in scottish economics.

      What I don't know is where they're getting their money from. I have a feeling that Scotland is separately governed, but not separately funded. Does this mean there is a financial drain towards Scotland? Perhaps. Or perhaps I

      • What I don't know is where they're getting their money from.

        Petrol, tourism, and banking. By tax collection standards the state is doing well, iirc better than England which might explain why they can try to give some of it away?

        --

        -- Robin Berjon [berjon.com]

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