Scotland

Publication date: 19 Jun 2018 | Publication type: Report | Theme: Macroeconomics | Authors: Young, G | Report to: Sopra Steria
In our accompanying report, Light at the end of the fiscal tunnel?, we highlighted the challenges the Westminster government is facing in providing good quality public services for the people of the United Kingdom at a time of spending reductions. Despite over eight years of austerity, these...
Publication date: 7 Dec 2015 | Publication type: NIESR Discussion Paper | Theme: Exiting the EU & Britain after Brexit | Authors: Lisenkova, K | External authors: Sefton, J | JEL classification: E620, H550 | NIESR discussion paper number: 456
This paper analyses the long-term sustainability and intergenerational equity of the Scottish public finances by employing a generational accounting model. This represents a novel approach to analysing these issues in the case of Scotland, while having the advantage of capturing policy-relevant...
Publication date: 29 Apr 2015 | Publication type: Report | Theme: Exiting the EU & Britain after Brexit | Authors: Armstrong, A
The National Institute of Economic and Social Research (NIESR) continues to put public debt at the centre of its analysis on the constitutional options for devolving further powers within the UK. This was at the heart of our analysis of Scotland’s currency options. We are concerned that the Smith...
Publication date: 4 Dec 2014 | Publication type: Report | Theme: Exiting the EU & Britain after Brexit | Authors: Armstrong, A
Speech given at Glasgow University on 4th December 2014
Publication date: 7 Aug 2014 | Publication type: NIESR Discussion Paper | Theme: Exiting the EU & Britain after Brexit | Authors: Armstrong, A, McCarthy, D
Scotland’s lender of last resort options depends on its choice of currency. If Scotland becomes independent, there is no question that it could use sterling. But this looks likely to be without the backing of the UK government and therefore without the Bank of England. Using sterling in these...
Publication date: 29 Oct 2013 | Publication type: NIESR Discussion Paper | Theme: Exiting the EU & Britain after Brexit | Authors: Armstrong, A, Ebell, M | NIESR discussion paper number: 415
This paper considers which currency option would be best for an independent Scotland. We examine three currency options: being part of a sterling currency union, adopting the euro, or having an independent currency. No currency option is the best when considered against all criteria. Therefore,...
Publication date: 1 Mar 2013 | Publication type: Journal article/book/chapter | Theme: Trade, Investment & Productivity, Employment & Social policy, Exiting the EU & Britain after Brexit | Authors: Lisenkova, K | External authors: Hermannsson, K, McGregor, P, Swales, K | Journal: Environment and Planning A No. 3 Vol. 45 | Pages: 710 – 727
Comparing each of the higher education institutions (HEIs) as a separate sector in the Scottish input–output table suggests that their expenditure patterns are homogenous and that any apparent heterogeneity in their conventional demand impacts depends primarily on scale. However, a disaggregation...
Publication date: 12 Jul 2012 | Publication type: Journal article/book/chapter | Theme: Education & Labour | Authors: Lisenkova, K | External authors: Hermannsson, K, McGregor , P, Swales, K | Journal: Regional Studies
A ‘policy scepticism’ has emerged that challenges the results of conventional regional higher education institution (HEI) impact analyses. This paper provides a systematic critique of such scepticism. While rejecting its extreme form, the limiting effect of the binding public-sector expenditure...