‘The scheme will apparently operate ‘UK wide, using the new financial assistance powers in the UK Internal Market Bill’. Whilst the fine details are awaited, the lack of explicit reference to the devolved governments will antagonise intergovernmental relations in area where tensions are already running high.’
scottish economy
Who is tomorrow’s Clement Attlee?
The Scottish Government Economic Advisory Group report has been criticised for being light on specifics. Tim Bell draws on a far older model for building a new order.
GERS, COVID and Scottish independence
“This lack of economic engagement by senior SNP Ministers remains a weakness for the independence message on the economy. Such a policy vacuum in a key area of the independence debate may be manageable when minds are focussed elsewhere but if a Second Referendum were to become a reality then it would soon turn into a significant weak point in the pro-independence argument.”
We need to talk
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.
Scottish growth patterns over 20 years
‘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.’
Fairer, greener, more equal but how?
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.
Bridge over deep, dark water? Five reasons not to build it
The money could be better spent – in good sardonic style, Fraser of Allender lists the reasons for not wasting time on ‘a cracking idea’.
Statistical test of independence
‘Without fundamental change in the way we produce data in Scotland, we may find ourselves reheating old data to try to answer new policy questions’: the case for an independent Scottish Statistics Agency (Pt 1)
Disruptive ideas on the road to a net-zero carbon economy
In the first of a new series on Scotland’s Economic Future: Disruptive Ideas, Robert Pollock argues for profound institutional change – drawing on (bitter) lessons from the wind industry. Part 2 follows (see below)
Scotland’s wellbeing: rhetoric and reality
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.