The economics of Scottish independence in an interdependent world

CEPR Policy Insight No 73

Andrew Hughes Hallett

The UK and Scottish governments are engaged in a set of parallel and overlapping games in the economic and political arenas. CEPR Policy Insight 73 presents research that analyses how decisions about whether to cooperate over financial regulation, fiscal rules, and the choice of currency and monetary policy, will all have far reaching implications for a newly independent Scotland and the rest of the UK.