A report published today by Scape Group, a public-sector procurement specialist, found that:
‘Scotland saw 54 per cent more infrastructure output per person than London, last year. It also revealed that Scotland came out top in cumulative infrastructure output per person between 1997 and 2017.’
The graph above shows that this has increased notably in the latter years of the SNP administration.
What exactly is infrastructure output and why does it matter?
Well, see this from the US government in March this year:
‘An ambitious infrastructure investment program is estimated to raise welfare, increase GDP, and improve labour market opportunities and outcomes particularly for less educated workers. While the particular structure and details of the infrastructure program ultimately adopted will affect its subsequent future impacts, CEA believes the program’s overall value will be considerable.’
The full Scape report also clarifies the importance of investing in infrastructure:
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