Reindustrialising Scotland

503 views

Published on

Short presentation delivered by Stephen Boyd, STUC to Reindustrialisation workshop at STUC Decent Work, Dignified Lives conference on 15 October 2014.

Published in: Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
503
On SlideShare
0
From Embeds
0
Number of Embeds
6
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Reindustrialising Scotland

  1. 1. Re-industrialising Scotland Stephen Boyd, STUC Decent Work, Dignified Lives 15 October 2014
  2. 2. Manufacturing output as % of GDP
  3. 3. World’s biggest manufacturing nations by output in 2011 12000 10000 8000 6000 4000 2000 0 35 30 25 20 15 10 5 0 Output per capita Rank/% of national output Output rank % of national output Output per capita
  4. 4. How to explain UK’s relatively poor performance? • Lack of political support • Endemic short-termism • The ‘imperial overhang’ • Complacent attitude to ownership and control • skills …not primarily a story of high costs…
  5. 5. Hourly labour costs in euros, EU 28, 2013 60 50 40 30 20 10 0 Whole Economy Industry Services
  6. 6. Protection of permanent workers against individual and collective dismissal, OECD 2013 2.50 2.00 1.50 1.00 0.50 0.00 Individual dismissals Collective dismissals
  7. 7. Product market regulation and barriers to trade and investment, OECD, 2013
  8. 8. “Indeed, the manufacturing sector is also where the world’s middle classes take shape and grow. Without a vibrant manufacturing base, societies tend to divide between rich and poor – those who have access to steady, well-paying jobs, and those whose jobs are less secure and lives more precarious. Manufacturing may ultimately be central to the vigor of a nation’s democracy”. Dani Rodrik, 2011

×