Independent Scotland might get away with a high deficit – if it’s feeling lucky
Year: 2016
Type: other
Abstract: First paragraph: The predictable result of Scotland’s expenditure and revenue data for 2015-16 is that its fiscal deficit is much worse than the UK as a whole. Why predictable? Well, the Scottish economy is much more dependent on the oil industry than the UK overall and the collapse in the oil price since 2014 has led to a massive collapse in the UK government’s revenues from taxing the industry’s profits. Access this article on The Conversation website: https://theconversation.com/independent-scotland-might-get-away-with-a-high-deficit-if-its-feeling-lucky-64409
Author: David Bell
Institution: University of Stirling
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W2596438957