UK debt
A Guide to the Government Expenditure and Revenue Scotland (GERS) Report
Author / Creator: Fraser of Allander Institute
Media type: Academic Paper
Date published: 2021
GERS does not present a balanced view of the Scottish economy. The possible financial costs and risks, or savings and opportunities, of implementing a new constitutional framework are, naturally, not considered in GERS. Similarly, it does not report on the effects of faster or slower economic growth in an independent Scotland.
Response to latest [2020/1] Government Expenditure and Revenue Scotland (GERS) estimates
Author / Creator: David Phillips
Media type: Assessment report
Date published:
The large debts shown by the 2020/1 GERS are temporary and not structural. They do not indicate that Scotland cannot afford to be inedpendent.
Revealed: The Accounting Trick that Hides Scotland’s Wealth (2020)
Author / Creator: Gordon MacIntyre-Kemp
Media type: Assessment report
Date published: 2020
The UK Government has diverted Scotland’s wealth to the UK Treasury to pay off its debts. Thus it creates 100% of Scotland’s supposed debts and 100% of its phoney deficit. This is the impact of Westminster’s debt loading alone, and upon that accounting trick, rests the entire economic case for the Union. Would an independent Scotland have to pay the rUK a population share of the UK’s historical debt? No – there is in fact a very strong case for Scotland to be compensated for having already paid more than it’s “fair share” of the UK’s debt
Investment in Scotland: A Common Weal Approach
Author / Creator: Iain Cairns
Media type: Policy Paper
Date published: Septtember 2014
The UK’s growth has declined every decade since the deregulation and privatisation began in the 1980s. Private finance provides poor value for money. The financial system in the UK is not capable of delivering the kinds of economic and social outcomes people have a right to demand. Investment is what the UK lacks, not money.