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The net contribution of whisky to the British economy

Graham Watson

26th January 2017

Here is an enticing demonstrationenticing demonstration of why it always serve to look at 'net' figures when trying to work out the impact of industries on the economy as a whole.

The Scotch Whisky Association (SWA) has produced a report that suggests that other more vaunted sectors aren't net contributors to trade, but that it is, and that it is responsible for significant job creation in Scotland.

Thus, it implies, why should the government be seen to support Nissan and other car manufacturers, rather than it? And on that basis, isn't there a case for freezing duty on whisky - particularly if Brexit is going to make it more expensive too?

Find more statistics at Statista

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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