Twenty years of Scottish devolution: who controls the historical narrative and can thereby claim to ‘speak for Scotland’?
‘Underlying (onshore) economic and fiscal fundamentals are little different now to at the time of the first referendum. Economic debate around any second referendum is therefore likely to concentrate on: productivity growth prospects; how to narrow Scotland’s fiscal deficit; and how to improve the Current Account.’
A Scottish Citizens Assembly could breathe fresh air into the political debate. But it poses risks for all the parties, argues Michael Keating.
An independent Scotland could find a new dynamism which would improve its economic performance. But not overnight. A new currency would almost certainly start at a discount to sterling.
Independence is far from guaranteed and big issues such as currency are unresolved but Scotland’s chances of (re)joining the EU as a member state have improved.
‘Just as the nation-state replaced Empire, so the plates delineating optimal, governable units within larger, common systems are again moving.’
‘Were Brexit to weaken the autonomy of the devolved institutions without increasing their influence over UK policies, relationships between the UK’s territories may become ever more strained.’
‘Post-independence, your plan makes as much political and economic sense as unilaterally adopting changes to the financial regulations of Singapore.’
Hence in the same sense that ‘Brexit means Brexit’ is a meaningless statement (without defining Brexit), then so too would ‘Independence means Independence’ be.
Brexit is not necessarily best viewed as an English project. Daniel Wincott says it’s time for politicians and commentators to face up to complex multi-national realities of the UK.