Public Finance
How might an independent Scotland build fiscal capacity?
Author / Creator: Tim Besley
Media type: Article
Date published: 2022
Developing a sense of common purpose is critical for nation-building
How might an independent Scotland manage public debt?
Author / Creator: JAGJIT CHADHA
Media type: Article
Date published: 2022
How public debt is managed is a critical question for any national government acting on behalf of its current and future citizens. It is of particular importance to a newly independent country
What might the public finances of an independent Scotland look like?
Author / Creator: DAVID PHILLIPS
Media type: Article
Date published: 2022
The long-term public finances will depend on the performance of the Scottish economy.
Shameless PPProfiteering in Scotland; making money from hospital parking during the Covid-19 pandemic
Author / Creator: Line Kikkenborg Christensen
Media type: Report
Date published: 2022
PPP contracts can limit a government’s ability to implement initiatives in the best interest of the public
Rethinking Private Financing of Scottish Public Projects
Author / Creator: Jubilee Scotland
Media type: Report
Date published: 2020
"Public Private Partnerships (PPPs) have, in all their forms, saddled the Scottish public sector with high levels of debt, poor service provision, lack of accountability and unsafe buildings. "
Top 10 Things Stephanie Kelton Wants You to Know About the Economy
Author / Creator: Stephanie Kelton
Media type: Video
Date published: 2018
Ten facts about understanding public finance.
How much debt does Scotland owe on Independence.
Author / Creator: Richard Murphy
Media type: Video
Date published: 2020
On some calculations, England would owe Scotland money upon independence.
Who owns the UK national Debt? Is it good for us and the future?
Author / Creator: Richard Murphy
Media type: Video
Date published: 2020
Public debt is a sign that asset managers want to buy the the gilts offered. It is a sign of confidence.
How much debt does Scotland owe on Independence.
Author / Creator: Richard Murphy
Media type: Video
Date published: 2020
England will owe Scotland money upon independence.
Going for growth – or broke?
Author / Creator: David Eiser
Media type: Article
Date published: 2022
Reaction to the Tax, Stamp Duty, Investment proposals in September 2022 UK budget.
Scotland is Not Subsidised by Taxpayers in the rest of the UK
Author / Creator: Mammoth Whale
Date published: 2021
Scotland is not subsidised by other regions of the UK – this is an indisputable accounting fact.
The “Fiscal Deficit” in Wales: why it does not represent an accurate picture of the opening public finances of an Independent Wales
Author / Creator: John Doyle
Media type: Report
Date published: 2022
The UK government statement of the financial deficit of an independent Wales is grossly exaggerated.
Scotland’s Finances – The Truth
Author / Creator: Business for Scotland
Media type: Blog
Date published: 2022
There is no set of accounts that tells us how an independent Scotland’s economy would fare, nor what its finances would look like. Not yet anyway.
Hiding the Truth
Author / Creator: John Jappy
Media type: Video
Date published: 2014
The videos of John Jappy and they should be compulsory viewing for every Scot
The Man Who Knew Too Much
Author / Creator: John Jappy
Media type: Blog
Date published: 2014
Jappy was among the first to scotch the myth that Scotland was subsidised by London. In truth it was, and is the reverse, Scotland pays more to England’s coffers than it receives in annual allowance.
The self-financing state: An institutional analysis
Author / Creator: Josh Ryan-Collins
Media type: Working Paper
Date published: 2022
"The UK Government creates new money and purchasing power when it undertakes expenditure, rather than spending being financed by taxation from, or debt issuance to, the private sector."
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.
Essential pre-budget reading – the 7 key messages from our budget report
Author / Creator: David Eiser
Media type: report
Date published:
The Scottish government will publish its budget for 2022/23. It will be the first budget of this session of parliament. Kate Forbes’ third budget in charge of the Scottish Government’s finances will arguably the most difficult she has faced. The Scottish government will have more resources at its disposal than in 2019/20. But the challenges facing public services and the wider economy are far more acute now than they were then.
Kate’s budget blues
Author / Creator: David Eiser
Media type: Article
Date published:
“A core resource block grant in 2022/23 that is 8% higher than pre-pandemic might sound generous. But to deal with the pandemic’s legacy and underlying public services pressures it is anything but. Kate Forbes’ third budget may well be her most challenging.”
The Politics of Scotland’s Public Finances
Author / Creator: David Heald
Date published: 2020
The Barnett formula is a political convention reducing overt political conflict with the UK while maintaining fiscal autonomy.