Scottish independence trading costs calculated

Primary Author or Creator:
Douglas Fraser
Additional Author(s) / Creators
BBC
Date Published:
Category:
Type of Resource:
web page
Fast Facts

There may be significant economic costs resulting from independence.  However, there is no reason Scotland cannot prosper as other small nations have. This report looks at the cumulative effect over 15 years.

More details

A generally skeptical account the prospects for international trade.

  • A new economic study into trade concludes that the costs of Scottish independence would be two to three times greater than the impact from Brexit, and that joining the European Union would do little to offset that cost.
  • The SNP response is that there is no reason why Scotland cannot emulate the success of other countries of a similar size.
  • The report, from the London School of Economics, is set to fuel the post-Brexit debate about independence.
  • Other questions concern the conditions under which Scotland could get faster economic growth, the costs and benefits of remaining in the UK post-Brexit, and whether the economic arguments will make any difference to the outcome.
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