Research Paper 6/2012 Scottish independence: the fiscal context
Paul Johnson, David Phillips
ESRC Conversation 1 – “Macro-Economic Policies and Constitutional Change” In November 2012 the DHI held a seminar for the first of four ‘conversations’ on topics related to constitutional change in Scotland. The first topic relates to macro-economic policy issues, including ‘what currency’, fiscal and monetary policy under different regimes and the complex world of financial sector oversight and regulation. Papers have been prepared by Dr Gavin McCrone (formerly Chief Economic Adviser to the Scottish Office), Paul Johnson (Director of the Institute for Fiscal Studies), Owen Kelly (Chief Executive of Scottish Financial Enterprise, Brian Quinn (formerly acting Deputy Governor of the Bank of England) and Prof Cesar Colino from UNED, examining relevant Spanish experience.