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The Political Economy of Financing Scottish Government: Considering a New Constitutional Settlement for Scotland

Posted on 2010-03-16




Name:The Political Economy of Financing Scottish Government: Considering a New Constitutional Settlement for Scotland
ASIN/ISBN:1848440421
Language:English
File size:2.2 Mb
Publisher: Edward Elgar Pub
ISBN: 1848440421
Publish Date: edition 2009
File Type: PDF
Pages: 146 pages
File Size: 2,2 mb
   The Political Economy of Financing Scottish Government: Considering a New Constitutional Settlement for Scotland



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By C. Paul Hallwood, Ronald MacDonald


`The Barnett formula is doomed. These authors provide a readable and convincing guide to the alternatives. The volume is a wonderful example of what tight economic reasoning can do - its case for fiscal autonomy is unanswerable'.

- Professor Michael Artis, University of Swansea, UK

Fiscal autonomy could raise economic growth and efficiency in Scotland, benefiting both Scotland and the rest of the United Kingdom. C. Paul Hallwood and Ronald MacDonald discuss how other reform proposals, which amount to cutting Scotland's block grant, would not be seen as legitimate by Scottish voters, and would be unlikely to reduce the burden on the Westminster budget.

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