Publisher:
Institute for Government
Alternative Published Date
2021
Category:
Type of Resource:
Article
Length (Pages, words, minutes etc...)
62pp
Fast Facts
"Concerns about currency stability could be minimised ... by an independent Scotland putting in place strong, independent institutions ... and demonstrating a commitment to low and stable inflation and to sustainable fiscal policy.
More details
Choosing a currency regime would be one of the most important economic decisions that would face a newly independent Scotland. This paper examines the main currency options that would be open to an independent Scotland and the implications of these for economic stability, fiscal policy, trade costs and macroeconomic institutions.
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Keywords