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‘Plan B’: What are an independent Scotland’s currency options?

McCarthy, David and Armstrong, Angus (2014) ‘Plan B’: What are an independent Scotland’s currency options? British Politics and Policy at LSE (25 Jul 2014). Website.

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Though the three main Westminster parties have each publicly rejected a formal currency union with an independent Scotland, Alex Salmond and the ‘Yes’ campaign have yet to articulate what a ‘plan B’ would entail. In this article, David McCarthy and Angus Armstrong lay out the options in detail, writing that the limited ability of an independent Scotland to provide ‘lender of last resort’ support to its banking system means that both regulatory and market action will lead the two remaining significant Scottish banks to redomicile.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2014 The Author(s) CC BY-NC-ND 3.0
Divisions: LSE
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited: 27 Apr 2017 12:03
Last Modified: 08 Oct 2021 23:23

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