Public finance in an independent Scotland
A central bank needs t be established to handle the national finances. The administrative structures for public finance will need to be enhanced.
Independence negotiation
Negotiating independence
The negotiations will require proper preparation and conducted by skilled people. There are three broad areas of negotiation - division of assets, division of liabilities, and arrangements for sharing and mutual relations.
Managing the work needed to become independent
Preparation is needed even before a referendum. Recruitment, project management, establishment of currency, creation of regulatory institutions, etc, all need to begin as soon as possible. It is projected the work and negotiations on independence will take about three years to complete independence.
Establishing the outlines of independence before a referendum
People need to know what they are voting for in a referendum. The machinery of governing can be worked out during the independence negotiations.
Claiming Scotland’s Assets: A discussion paper on the division of assets and debts to an independent Scotland
Alternative Published Date
September 2016
Fast Facts
This paper explores the historical precedents covering how debts and assets are split when states dissolve or become independent and applies those models to the case of Scottish independence.
Category
Within Our Grasp
Date Published
Fast Facts
A campaign strategy that will apply maximum pressure on the Westminster Government and achieve independence within three years of its commencement.
Category