Fiscal Policy

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The Scottish electorate is sophisticated, distinguishing between voting at different levels of election. While this has led to divergence in party support at different levels (though this might be about to change), the bulk of that vote tends towards the centre-left.   
 
Scotland is not inherently more left-wing than England. It does, however, tend to vote more consistently for social democratic parties. This makes the question of Scotland’s political economy pertinent.
 
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The latest Government Expenditure and Revenue Scotland (GERS) report published yesterday presented Scotland’s public sector accounts until 2013/14. It showed that Scotland had a net fiscal deficit (i.e. a gap between government spending and tax revenues) of £12.4bn in 2013/14. Expressed as a percentage of GDP and including a geographic share of North Sea oil revenues, this represents a deficit of 8.1%.
 
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Based on ten months of meetings and interviews, the Institute for Government has unveiled its findings in to the state of relations between the administrations in Belfast, Cardiff, Edinburgh and London. Robyn Munro, co-author of the report, outlines their findings.

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  • 18th May 2018

    Different political actors have responded to the decision by the Scottish Parliament to withhold its consent for the UK Government’s showpiece EU (Withdrawal) Bill in very different ways. Prof Nicola McEwen sifts the facts from the hyperbole and explains where we are and where we go from here.

  • 15th May 2018

    On 8 May the UK’s House of Lords passed an amendment to require the House of Commons to vote on remaining in the European Economic Area (EEA), the possibility of Britain adopting the so-called ‘Norway model’ is back on the agenda of British politics. Here the authors of Squaring the Circle on Brexit: Could the Norway Model Work?, John Erik Fossum and Hans Petter Graver, give some background to Norway’s relationship with the European Union and reveal the truth behind some common myths about the Norway model.

  • 4th May 2018

    The Sewel Convention has historically worked well, says Michael Keating, but Brexit will put it to the test.

  • 3rd May 2018

    Amendments to controversial Clause 11 of the European Union (Withdrawal) Bill were agreed in the House of Lords yesterday evening, following a deal between the UK and Welsh governments last week. Jack Sheldon and Mike Kenny explain the significance of this agreement for the UK as a whole and outline a number of unresolved issues it raises.

  • 2nd May 2018

    The hesitant progress of Brexit legislation through Westminster has provided parliament with an opportunity to show its teeth and, says Tobias Lock, it demonstrates that the legislature has bite as well as bark.

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