Fiscal sustainability of an independent Scotland
ByMichael AmiorRowena Crawford
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In this report, we use a model of the UK’s and Scotland’s long-run public finances to project levels of public revenues and spending over the next 50 years, taking into account projected changes in the size and demographic structure of the population.
We examine:
• the long-run fiscal pressures that an independent Scotland may face;
• how these would differ from those facing the UK;
• the size of the fiscal consolidation that may be required to put Scotland’s public finances on a sustainable path.
An independent Scottish government might not need to implement such a fiscal consolidation immediately, but these long-run fiscal pressures should form an important part of the backdrop to any discussions about potential restructuring of Scottish taxation and public spending in the event of independence.
Details
- Publication Date
- Nov 18, 2013
- Language
- English
- ISBN
- 9781909463288
- Category
- Business & Economics
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Michael Amior, By (author): Rowena Crawford, By (author): Gemma Tetlow
Specifications
- Pages
- 68
- Binding
- Perfect Bound
- Interior Color
- Black & White
- Dimensions
- A4 (8.27 x 11.69 in / 210 x 297 mm)