Fiscal Policy

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The Scottish Government's new capacity to borrow is a vital, if little-discussed, power. However, says Angus Armstrong, the details of how this will work may have been dodged by the Smith Commission but cannot long be avoided by the Scottish Government and HM Treasury. 
 
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Current discussions over the Scotland Bill have seen the Chancellor and SNP Westminster leader Angus Robertson at loggerheads over the role of borrowing in national life. Gemma Tetlow of the Institute for Fiscal Studies discusses the approach of the two governments and their likely implications for taxation. 

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David Comerford discusses the latest IFS analysis of Scottish Government finances under so-called full fiscal autonomy. How did the SNP respond to these figures?

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The SNP's positioning itself as the anti-austerity party has resonated with parts of the electorate. However, explains David Eiser, analysis of their spending commitments by the IFS suggests that that's not quite how things would work in practice.

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  • 17th September 2018

    The upcoming New Caledonian independence referendum on the 4th of November 2018 is the outcome of a 30 years-long process of gradual decolonisation. Dr Alexandra Remond examines the prospects.

  • 14th September 2018

    For Ireland, the Brexit discussion has focused heavily on the Irish issue. This has meant an unrelenting emphasis on securing a Brexit deal which ensures no border on the island of Ireland, and achieving a backstop provision which guarantees this scenario. The expectation is that this will be achieved in the context of the Withdrawal Agreement, and before the transition phase begins. Dr Mary C Murphy looks at what the Brexit transition period means for Ireland, North and South.

  • 13th September 2018

    In her third blog on international trade issues and Brexit, Dr Kristen Hopewell looks at the high-tech US-Canada border amid claims that it offers a template to ensure a "frictionless" border in Ireland.

  • 7th September 2018

    In the second of her blogs focusing on international trade issues, Dr Kristen Hopewell looks at some of the difficulties that the UK might face as it seeks to negotiate new bilateral agreements

  • 6th September 2018

    With little more than six months to go before the UK leaves the EU on 29 March 2019, the position of Scotland vis-à-vis the EU is not much clearer than it was in the immediate aftermath of the EU referendum more than two years ago. Dr Tobias Lock looks at what has Brexit meant for Scotland so far and what developments can we expect?

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