Economy

From ‘I’ to ‘We’: Changing the narrative in Scotland’s relationship with consumption

Author / Creator: Iain Black

Media type: Policy Paper

Date published: December 2015

Studies have shown that having a positive relationship with our families, friends and community, as well as having good health, are the things that matter most to us. The job of government is to re-establish the link between that narrative and our idea of what prosperity is.


Scottish independence referendum: why the economic issues are quite different to 2014

Author / Creator: Graeme Roy

Media type: Review

Date published:

Scotland has a successful economy. It has challenges - inequalities, ageing population, and less dynamic businesses than competitors. The engaged population will demand facts and figures rather than political persuasion.


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.


Beyond GERS: Scotland’s fiscal position post-independence

Author / Creator: Craig Dalzell

Media type: Policy Paper

Date published: 2017

GERS (Government Expenditure and Revenue Scotland) is not a good guide to the position of Scotland post independence.

 


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


The Barnett Formula Myth Destroyed – It does not subsidise Scotland

Author / Creator: Gordon Macintyre-Kemp

Media type: Assessment report

Date published: 2019

The Barnett Formula will withhold from Scotland, over the five years covered by the spending review, enough money to have hired approximately 7,955 additional NHS medical professionals. That is not a bonus – it’s a smoke and mirrors mechanism that aims to reduce the Scottish Government’s spending power in real terms.


Economic Implications for the United Kingdom of Scottish Independence

Author / Creator: House of Lords

Media type: Assessment report

Date published: 2013

The House of Lords assessment of the economic implications of independence before the 2014 referendum.


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

Author / Creator: Iain Cairns

Media type: Policy Paper

Date published: March 2016

A mutual, sectoral model of industrial development rejects both ‘top down planning’ and ‘free market’ approaches. The form an economy takes is inevitably the result of political decision-making. Democracy must therefore extend to the economic sphere.


Fighting for Tax Jobs, Fighting For Justice: A Workers’ Alternative

Author / Creator: Craig Dalzell

Media type: consultation response

Date published:

The economic impact of HMRC’s plans to close departments around Scotland and establish two regional offices in Glasgow and Edinburgh will cause the loss of over 2,300 jobs and a negative impact on GDP of £89 million.


Common Weal analysis of GERS 2016-2017 reveals economic opportunities of independence

Author / Creator: Craig Dalzell

Media type: Assessment report

Date published:

An independent Scotland could be better off to the tune of at least £7.5 billion in comparison to the figures in the 2017 GERS paper effectively cutting the deficit by over half. The very act of Scottish Independence would boost tax revenue by at least £7.5 billion per year.


Common Weal submission to economic data consultation

Author / Creator: Craig Dalzell

Media type: consultation response

Date published:

Scottish Government economic data is inadequate and incomplete. There is a need for a Scottish Statistics Agency.


Common Weal Inverness and InverYes – Consideration of the Sustainable Growth Commission Report

Author / Creator: Common Weal

Media type: consultation response

Date published:

The Sustainable Growth Commission appears to be too heavily tied to a free market (neo-liberal) approach to economics.


An Investment-Led Economic Development Framework For An Independent Scotland

Author / Creator: Common Weal

Media type: Policy Paper

Date published:

Scotland, if independent, could improve its performance across 12 key pillars of its economy. There are a number of economic theories beyond the current one used by the UK. An investment-led economy would include laying down the foundations of a Green New Deal.


Resilient Scotland; Part Two

Author / Creator: Common Weal

Media type: Policy Paper

Date published:

Creating a resilient Scotland covers the next Scottish Parliament. It provides the detail of how the transformation envisaged can be achieved quickly, with a closer look at our economy, society and democracy.


Resilient Scotland Part Three

Author / Creator: Common Weal

Media type: Policy Paper

Date published:

The final stage of the Resilient Scotland Plan runs from 2025 with Scotland becoming an independent country.  By 2045, the plan will be complete and Scotland will have been transformed into a net zero-carbon country with a resilient economy that works for All of Us.


Mapping Economic Potential in North-East Glasgow

Author / Creator: Mhairi Love

Media type: Policy Paper

Date published: April 2017

The case for asset based community development in the North-East of Glasgow through mapping derelict and vacant sites in the area and looking at how the Community Empowerment Act could be utilised.


New GERS data fundamentally makes the case for Scottish Independence

Author / Creator: MacIntyre-Kemp, Gordon

Media type: business network website article

Date published: August 2021

It is clear that Scotland being an economic region of the UK is what is holding Scotland back from reaching that economic potential. The author sets out what the latest GERS figures represent and how they can be misleading in terms of Scotland's capabilities as an independent nation.


Scotland will qualify for S&P's highest economic assessment, says Standard & Poors

Author / Creator: The Scottish Reserve Bank

Media type: News Item

Date published: 2014

Scotland’s wealth levels are comparable to those of AAA-listed nations and that, as an independent country - even without North Sea oil - Scotland will qualify for S&P's highest economic assessment.


Resilient Scotland; Part One

Author / Creator: Common Weal

Media type: Policy Paper

Date published: 2021

The Scottish National Investment Bank should act as a bank and capitalise from sources such as pension funds. It should lend to the public and the private sector.  Public procurement should have the public policy goal of supporting Scottish business and achieving the maximum number of manufacturing jobs.


Support for Independence drops significantly if Scotland were to join Euro

Author / Creator: Edward Malnick

Media type: Newspaper article

Date published:

40% Scots less likely to support Independence if Scotland had to join the Euro.