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Economics

GERS and a new start

August 29, 2020 by Mairi Spowage and Graeme Roy Leave a Comment

“But GERS does provide an accurate picture of where Scotland is in 2020. So, in doing so, today’s numbers set the starting point for a discussion about the choices and challenges that need to be addressed by those advocating independence or new fiscal arrangements.”

We need to talk

August 15, 2020 by Fung Wah Man 4 Comments

After questioning economic orthodoxy in his two previous articles, the author asks whether Scotland can deal with the ‘new normal’ and asks commentators/analysts to join nin the discussion.

Central banks stumble into MMT

June 14, 2020 by Fung Wah Man 2 Comments

‘If QE was a policy response to the idea that banks were too big to fail, the MMT response is based on the idea that an entire country cannot be left to fail. The question is: what happens if MMT doesn’t work to save a country in a crisis?’

Scottish growth patterns over 20 years

May 31, 2020 by John McLaren Leave a Comment

‘Overall, a combination of : the pandemic lockdown; the existing post financial crisis slowdown, in both absolute and relative (to the UK) terms; and another looming North Sea slowdown, means that Scotland’s economic prospects are far from bright.’

Where has all that central bank COVID-19 money gone?

May 17, 2020 by Fung Wah Man 4 Comments

‘Once the public health crisis of COVID-19 is over, it might yet expose the flaws in this capital-led economy just as it has exposed the inadequacies of our public health systems that has suffered from under-investment over a decade of austerity.’

Fairer, greener, more equal but how?

April 20, 2020 by Fraser of Allander Institute 2 Comments

A drift of sea pinks or 'Thrift' image Jacki-Dee CC BY-NC-ND 2.0

The Scottish Government has yet another new group of economic advisers (on the recovery): it should think more about practical delivery of any new policy ideas, says FAI.

Scotland’s wellbeing: rhetoric and reality

January 23, 2020 by John McLaren 3 Comments

A drift of sea pinks or 'Thrift' image Jacki-Dee CC BY-NC-ND 2.0

Nicola Sturgeon wants to measure Scotland’s economic success by wellbeing/quality of life, not just GDP. But where’s the beef? The Scottish Budget in February will be the test of what lies behind the rhetoric.

#Indyref2 in 2020?

January 12, 2020 by Fraser of Allander Institute Leave a Comment

‘It will simply not be sufficient for the UK Government to highlight risks with independence. The status quo itself has important policy challenges, whether that be the economic costs of leaving the EU Single Market or the economic effect of limits on immigration.’

A shift in business thinking?

November 15, 2019 by Jackie Kemp Leave a Comment

‘The most technologically savvy generation in history – the ‘Zoomers’ – are about to join the workforce. They have different priorities, one being better stewardship of the planet. Building a better future depends on embracing the positive.’ But there are negatives too…

Scotland’s budget prospects

November 12, 2019 by David Eiser Leave a Comment

The Scottish Budget was due on December 12, #GE2019 day, but will almost certainly be pulled until after the UK Budget is presented early next year on the back of wild spending promises. Even pre-Brexit the Scottish outlook is more than unusually uncertain…

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