Economy

Hide tag: 
Show

This week, we are highlighting the contributions of our fellows to Scotland's Decision: 16 Questions to think about for the referendum on 18 September.  Today’s topic is prospects for business and competition.

The book is available as a free download.

Our experts look at two questions under this heading:

Read More

Scotland has limited lender of last resort options in an informal currency union

If an independent Scotland chooses an informal currency union (called ‘dollarization’ or 'sterlingization') as Plan B, its financial institutions cannot be sure they will have access to emergency liquidity in the next financial crisis. This is likely to have important consequences for Scotland’s financial sector, and therefore its capacity to export financial services, its new balance of payments and general economic prosperity.   

This week, we are highlighting the contributions of our fellows to Scotland's Decision: 16 Questions to think about for the referendum on 18 September.  Today’s topic is the economy. The book is available as a free download.

Our experts look at three questions on the economy:

Read More

Since the publication of our report Work, employment, skills and training: where next for Scotland? at the end of April, debate on these issues has been hotting up, not just in Scotland, but elsewhere in the UK.  By requiring the government to produce a comprehensive outline of policies to be adopted by an independent Scotland, the referendum debate has provided a platform for the emergence of what is, by UK standards, a radical new vision for employment relations north of the border.  It is

Read More

CIPFA asks tough questions on a future balance sheet for Scotland

The Chartered Institute of Public Finance and Accountancy (CIFPA) Scotland has today released a substantial report The Scottish Referendum: Scotland’s future in the balance which addresses tough questions around the future financing of an independent Scotland.

The report for the first time considers what a balance sheet for the current devolved Scottish public sector might look like and examines in detail the questions around Scotland’s current financial position and the future financial sustainability of Scotland.

Pages

Latest blogs

  • 19th October 2018

    Proposed revisions to the Basque Statute of Autonomy have revealed underlying tensions but the fault lines are not where an outside observer might assume they would be. They are fundamental and political and, explains Michael Keating, unlikely to be resolved by technocratic debate.

  • 16th October 2018

    Bavaria’s long-dominant party, the conservative Christian Social Union (CSU), has reached its worst election result in 60 years. As well as causing a headache for Angela Merkel, argues Patrick Utz, this political earthquake reveals Bavaria’s predicament between regionalism and populism,.

  • 15th October 2018

    As the buildup to the EU Council meeting reaches fever pitch, Richard Parry explains that deals at dawn may work in Brussels but they don't always play to the home crowd.

  • 13th October 2018

    Theresa May’s efforts to keep her DUP allies onside may, suggests Prof Nicola McEwen, end up easing Nicola Sturgeon’s path to independence following any subsequent referendum on the subject.

  • 12th October 2018

    The Commission on Justice in Wales, chaired by Lord Thomas of Cwmgiedd, will further clarify the legal and political identity of Wales within the UK constitution. Doing so, explains Prof Dan Wincott, will also bring clarity to the enduring significance of other territorial legal jurisdictions.

Read More Posts