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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)

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