Scottish independence referendum: why the economic issues are quite different to 2014

Primary Author or Creator:
Graeme Roy
Publisher:
The Conversation
Date Published:
Category:
Type of Resource:
Review
Fast Facts

Scotland has a successful economy. It has challenges - inequalities, ageing population, and less dynamic businesses than competitors. The engaged population will demand facts and figures rather than political persuasion.

More details

Scotland has a successful economy, with strengths such as energy, financial services and tourism. It has a world-class university sector, is rich in natural resources, and can count on trusted institutions.

It has challenges as well, including longstanding inequalities, an ageing population and a business base that is often less dynamic than its competitors. Public spending is higher compared to the UK – by around 17% in the latest figures. This reflects greater needs in areas such as social security, and higher costs of delivering services, but also historical political choices on UK regional funding

One certainty is that voters are all too aware of how quickly promises made – by all sides – during a referendum can evaporate when the campaign ends. Scotland has an engaged electorate who will demand facts and evidence, just as much as political persuasion.

English