Independence in the modern world. Wealthier, happier, fairer: why not Scotland?

This paper:

• Sets out an analysis of the UK's performance across a range of economic and social indicators relative to that of a range of comparable countries.
• Provides detailed evidence to show that a comparator group of European countries out‑performs the UK on a range of measures.
• Provides further evidence confirming the success – sustained over the long-term – of independent European nations of Scotland's size relative to the UK (and other nations).
• Discusses the policies, mechanisms and institutions underpinning the success of the comparator group and how these might influence an independent Scotland's approach to economic and social development. The evidence suggests that the full powers of independence are necessary for Scotland to fulfil its potential.
• Provides the context for forthcoming papers in the prospectus series by highlighting the opportunities that could be created by independence.
• Highlights some specific policies pursued with success by these nations that could be chosen by governments in an independent Scotland.