What will the economic policy of an independent Scotland be?

Concerns are that the economic policies that can be persued by an independent Scotland may lead to divergence from the rest of the UK.

 

Economic alignment with UK

A key argument for independence is that economic alignment with the UK is no longer applicable. The weaker the alignment with the UK economic model, the greater the opportunity to “do things differently”, but the greater the short-term risk and upheaval.

Towards an industrial policy for Scotland: A discussion of principles and approaches

This report proposes a mutual, sectoral model of industrial development and rejects both ‘top down planning’ and ‘free market’ approaches.

Our approach is based on the recognition that the economy is not a force ‘external’ to society, governed by its own set of abstract rules or laws. The form an economy takes is inevitably the result of political decision-making.

Democracy must therefore extend to the economic sphere to ensure that the outcomes of these political decisions are aligned with the aspirations of the people.

Type of Resource
Policy Paper
Primary Author or Creator
Iain Cairns
Additional Author(s) / Creators
Andrew Cumber,s Mike Danson, Iain Docherty, Pat Kane, Gordon Morgan, Robin McAlpine, Robert McMaster Willie Sullivan, Geoffrey Whittam