In May 2011, the First Minister informed the Scottish Parliament of the Scottish Government’s intention to hold a referendum on Scottish independence and, following inter-governmental discussions with the UK Government, the Edinburgh Agreement was signed in October 2012, paving the way for a referendum.
In March 2013, two bills were introduced in the Scottish Parliament setting out details of how and when the referendum would take place, with 18 September 2014 announced as the date of the vote.
On 26 November 2013, the Scottish Government published its White Paper entitled Scotland’s Future – Your Guide to an Independent Scotland. This sets out its proposition for the electorate and the vote on Scottish Independence scheduled for next year.
The implications of the two possible outcomes of the vote – a yes or no – on Scotland’s economic future are at the very core of the current referendum debate. Issues such as the macroeconomic framework, fiscal and monetary policy, the framework for business, the choice of a currency, the regulatory and institutional structures etc. will all be at the centre of discussions in the run up to September 2014. What might happen in the event of a yes or no vote in terms of Scotland’s economic future will undoubtedly dominate the debate in the months ahead.
This inquiry seeks the views of organisations and individuals from across Scotland and beyond on the economic issues raised as part of that debate.
“An inquiry into Scotland’s potential economic future – whether there is a yes or no note - following the Independence Referendum on 18 September 2014.”
The Committee issued a call for evidence (185KB pdf) on Wednesday 11 December 2013 which closes on 31 January 2014. The Committee intends to start taking oral evidence in February 2014, and expects the inquiry to last 4 months.