Scottish currency

Answer:
An independent Scotland needs its own currency. First requirement is a Central Bank. Then there the details of bank accounts, customer accounts (business and personal), repayment of loans, payment of pensions, and the printing and coining of money. All these are technical details which financial institutions are well versed in.

Full answer here: Independent currency requirements

Best start for independent Scotland

Author / Creator: Common Weal

Media type: Video

Date published: 2024

How To Start A New Country

Scotland’s Currency Dilemma

Author / Creator: William Thomson

Media type: Article

Date published: 2024

“the economic framework underpinning Scottish independence is dangerously misguided and likely to lead to a worse economic situation than we experience as part of this dysfunctional Union.”

How easily could an independent Scotland set up its own currency?

Author / Creator: Believe in Scotland

Media type: Article

Date published: 2023

New currencies can be created and launched both quickly and effectively.

How easily could an independent Scotland set up its own currency?

Author / Creator: Believe in Scotland

Media type: Article

Date published: 2023

mini case studies to highlight the positives of adopting a new currency

Funding the Scottish Health Service

Author / Creator: Lynne Copland

Media type: Article

Date published: 2023

Scotland in possession of a central bank becomes a currency issuer, which opens doors to investing in areas essential for the wellbeing of its population

Direct impact of Scotland’s own currency on social benefits

Author / Creator: Lynne Copland

Media type: Article

Date published: 2023

"Scotland having its own currency not only benefits the wellbeing of the population through proper funding of the life science sector but also the economy of the country"

How easily could an independent Scotland set up its own currency?

Author / Creator: Believe in Scotland

Media type: Article

Date published: 2022

"several mini case studies ... highlight the positives of adopting a new currency and will provide examples of recently independent countries that have created and launched their own currency both quickly and effectively"

Currency options for an independent Scotland

Author / Creator: GEMMA TETLOW

Media type: Article

Date published: 2021

"Concerns about currency stability could be minimised ... by an independent Scotland putting in place strong, independent institutions ... and demonstrating a commitment to low and stable inflation and to sustainable fiscal policy.

An Independent Scotland’s Currency Options Redux: Assessing the Costs and Benefits of Currency Choice

Author / Creator: Ronald Macdonald

Media type: Working Paper

Date published: 2014

The only currency option that maximizes the benefits and minimizes the costs of independence is that of a separate currency.

What would the currency options be for an independent Scotland?

Author / Creator: Ronald Macdonald

Media type: Article

Date published: 2022

Scotland can

use Sterling
join a monetary union
establish its own currency

The SNP’s Currency Proposals

Author / Creator: Iain Hardie

Media type: Review

Date published: 2022

"On the surface, the government’s proposals on currency appear little changed from the Scottish Growth Commission (SGC)... However, this masks significant changes in the new proposals."

Does Scotland need its own currency after independence?

Author / Creator: Richard Murphy

Media type: Video

Date published: 2020

Scotland requires its own currency.

How do we Pay for it [currency]?

Author / Creator: Richard Murphy

Media type: Video

Date published: 2022

Creation of money, a description by Richard Murphy

The Road to the Scottish Currency

Author / Creator: Scottish Currency Group

Media type: Book

Date published: 2022

Q & A on the Scottish Currency

Transition to a Scottish Currency

Author / Creator: Peter Ryan

Media type: Policy Paper

Date published: 2020

The decision on Scottish independence is a decision for the people of Scotland. When making that decision it should be clear which currency an independent Scotland would use. If the people of Scotland vote for an independent Scotland with its own currency, that democratic mandate should be respected.