Currency
An independent Scotland: what would be the options for economic success
Author / Creator: MICHELLE KILFOYLE
Media type: Article
Date published: 2022
An independent Scotland's economic prospects rest on the outcome of tough choices about currency, public finances and membership of the European Union.
Scotland: Currency Options and Public Debt
Author / Creator: Angus Armstrong
Media type: Article
Date published: 2014
What currency option would be best for an independent Scotland
Scottish independence: what are the big economic questions?
Author / Creator: Graeme Roy
Media type: Article
Date published: 2022
The big issues are currency, fiscal sustainability, economic borders, economies of scale, and new institutions required.
Taxes don’t pay for services – so what are they for?
Author / Creator: Jim Byrne
Media type: Article
Date published: 2023
Austerity is unnecessary with independent taxation powers
A monetary straitjacket: Scottish Government economic plan for independence
Author / Creator: Ben Cooper
Media type: Article
Date published: 2022
"The best that can be said for the Scottish Government’s new economic paper for Scottish independence, Building a New Scotland: A stronger economy…, is that it does not include some of the more hideous ideas contained within
Twenty-First Century Central Banking and an Independent Scotland’s Currency Choice
Author / Creator: Iain Hardie
Media type: Report
Date published: 2022
"Having the full range of monetary policy options is essential for financial stability. [It enables] an independent Scotland’s government to protect its citizens in crises, whether global or more local.”
Does Scotland need its own currency after independence?
Author / Creator: Richard Murphy
Media type: Video
Date published: 2020
Scotland requires its own currency.
Why we don’t need to fear inflation
Author / Creator: Richard Murphy
Media type: Video
Date published: 2022
What inflation is and how to cope with it.
Building a New Scotland: A stronger economy with independence
Author / Creator: Scottish Government
Media type: Report
Date published:
Scottish Government proposals for the economy of an independent Scotland.
The Road to the Scottish Currency
Author / Creator: Scottish Currency Group
Media type: Book
Date published: 2022
Q & A on the Scottish Currency
A Better Nation: The Challenges of Scottish Independence: The Challenge of Scottish Independence
Author / Creator: Simon Barrow
Media type: Book
Date published: 2022
Drawing on a range of original thinkers from a wide range of backgrounds, the book tackles key issues about money, culture, equality, energy, borders, jobs, Europe and other ‘big questions’ head on.
Building a New Scotland –an Outline
Author / Creator: Jim Osborne
Media type: Discussion Paper
Date published: 2020
Jim Osborne's view of what an independent Scotland might look like in government and the economic policies.
Soft Currency Economics II (MMT – Modern Monetary Theory
Author / Creator: Warren Mosler
Media type: Book
Date published: 1993
- what is money;
- why debt monetization and the money multiplier are myths;
- how fiscal and monetary policy can be used effectuate full employment;
- deficits do not cause countries to default on their debt unless that is the decision.
What Scotland can learn from Irish independence: it won’t control interest rates and inequality will widen
Author / Creator: Eoin McLaughlin
Media type: Article
Date published: 2022
Managing the transition [to independence] won’t be straightforward. Ireland’s experience shows that the need for fiscal discipline may be politically costly and adjustment may not be shared equally.
Would an independent Scotland have to use the Euro?
Author / Creator: Believe in Scotland
Date published:
‘No. Scotland would not have to use the Euro.’
Busting the old Unionist anti-indy myths. Open minds on Scottish independence #19
Author / Creator: Believe in Scotland
Media type: News Media
Date published:
This article looks at three myths about Scottish independence:
Myth 4: Business leaders are worried about the effects of independence.
Myth 5: A new Scottish currency would be difficult to establish
Myth 6: independence would threaten pensions
The SNP must rethink its economic model for an independent Scotland
Author / Creator: Laurie Macfarlane
Media type: Assessment report
Date published:
A critique of the Growth Commission's report. "Far from being an asset to the independence cause, the Growth Commission is its biggest liability. It’s time, as we say, ‘tae think again’."
Setting up a Scottish Banking System
Author / Creator: Peter Ryan
Media type: Policy Paper
Date published: 2020
A Scottish central bank will need to be set up to oversee the creation of a new Scottish currency. It will be the competent authority providing regulatory oversight of the banking system.
The SNP must rethink its economic model for an independent Scotland
Author / Creator: Laurie Macfarlane
Media type: Assessment report
Date published:
Scotland can become a successful independent nation. But that plan needs to come from the 2020s. And it needs to come from a broad cross section of civil society, not just business groups. Far from being an asset to the independence cause, the Growth Commission is its biggest liability. It’s time, as we say, ‘tae think again’.
Would an independent Scotland have to keep the pound and cut public spending?
Author / Creator: Joël Reland
Media type: Fact check
Date published:
Public spending in an independent Scotland could continue to grow. This does depend on sufficient growth in the economy after independence.