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The GERS report indicates that Scotland’s finances are in dire shape

Ashcroft, Brian (2015) The GERS report indicates that Scotland’s finances are in dire shape. British Politics and Policy at LSE (20 Mar 2015). Blog Entry.

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Abstract

A report recently published details Scotland’s fiscal position for the year 2013-14. It shows that relative to the UK as a whole, Scotland has been running a significantly higher deficit and has been doing so for 12 of the past 16 years. This is before the oil price collapsed, suggesting next year’s position may be still worse. Brian Ashcroft reviews the report and writes that if Scotland had been independent, or had ‘enjoyed’ full fiscal autonomy, with other things remaining equal, it would have had to have higher taxes, lower public spending or both than the UK.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy
Additional Information: © 2015 The Author(s) CC BY-NC-ND 3.0
Subjects: J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
J Political Science > JN Political institutions (Europe) > JN1187 Scotland
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 05 Apr 2017 08:47
Last Modified: 06 Apr 2017 11:16
URI: http://eprints.lse.ac.uk/id/eprint/72483

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