Scottish Independence Weighing Up the Economics
In autumn 2014, those living in Scotland will face the most important political decision of a lifetime: whether Scotland becomes an independent state once again, as it was before 1707, or remains within the United Kingdom will have profound consequences for everyone in Britain. This book explores the many issues involved in this important choice, including a key part of the debate that centers around the question of whether Scotland would prosper more or less after independence. How well off is Scotland? Would it have a faster or slower growing economy if it was independent? What currency would be used-the pound, the euro, or something new? What should its energy policy be? In this impartial and thought-provoking book, economist Gavin McCrone addresses these and many other questions, which are of vital importance in the run up to the referendum.