by Stephen Young, Duncan Ross, Brad MacKay, Veselina Stoyanova
Previous and Current trends in Scotland’s Inward Foreign Direct Investment
Political scientists have long known that winning elections is often not a matter of having detailed policies and distinguishing oneself from one’s opponents. Instead, it is a matter of seizing ownership of issues on which there is broad agreement and defining them on your own terms. So historically, the Conservatives have ‘owned’ the issue of law and order, until New Labour tried to edge in. Conversely, Labour has usually owned the NHS, forcing the Conservatives to assure electors that it is safe in their hands.
Brad MacKay discusses implications for business in the event of a no vote.
Peter McGregor discusses tax powers for Scotland in the event of a no vote.
A “no” vote in the forthcoming referendum on Scottish Independence would immediately lay to rest one of the most controversial issues that has characterised the economic debate so far, namely the currency issue. Scotland would remain in a monetary union with the rest-of –the UK (RUK), which implies that the Scottish Parliament will have no greater influence on UK monetary policy than it does currently.