Readers' Letters: Why carp when vaccine roll-out is going ... Economic Consequences of an Independent Scotland June 2014 ... A leading MEP has claimed that Scotland would be 'better off' if it goes independent and rejoins the European Union, hinting it could perform better than England after Brexit. Political commentators say UK sleepwalking its way towards ... Scottish independence trading costs calculated. Should Scotland become an independent country? - The Rift Scotland can, and deserves to do better for its citizens. England would be better off without Scotland, Tory ... Independent Scotland would struggle to keep pound ... Who to believe? Now it would be much more credible. Then I started to read about it and understand and realised that Scotland is better off as an independent country in the EU than it is as part of the UK outwith the EU. The big qualitative difference between now and 2014 is that then a better long-term future for an independent Scotland was largely wishful thinking by the SNP. Find out more about the Scottish independence referendum. Scottish independence - Wikipedia Wise up England, youâ?Td be better off without Scotland Why support Scottish Independence? - Independent Scotland England would be better off without Scotland, Tory candidate said. Should Scotland Be Independent? - 711 Words | Bartleby However, take note of what the LSE report had to say about that: "For an independent Scotland to be better off inside the EU, independence must destroy a sufficiently large share of Scotland's . "It will diminish England, losing Scotland," says Martin. 6. The EU demands 3% of its members, and even though it gives countries a fair amount . Rather than declaring that "an independent Scotland should be able to reap the long term benefits of oil revenues for many years to come", they might have heard how a just transition away from . Recent polls suggest many Scots accept there would be economic costs to independence - but are no longer put off by the prospect. And lower taxes. about this tracker. Note that re-joining dismantles the barriers created by Brexit, only to erect them again at the . Some islanders called for separate referendums to be held in the islands on 25 September 2014, one week after the Scottish referendum. I think that independence, with its own currency, will release a new vibrancy in Scotland that will also reveal its actual government deficit to be much smaller than has been shown by GERS, for . The same group of activists who recently asked me if Scotland could afford to be independent also asked me whether Scotland would be better or worse off than. Wise up England, you'd be better off without Scotland. This was less than half the £11.6bn of 2008-9. The vote for a 'no' - meaning Scotland would stay in the union with England and . Having a political center will be unpopular, as much as the last time when the Lords had to sneak into the hall to sign documents in the middle of the night to become part of London and company. But after Brexit, the election of Prime Minister Boris Johnson and the coronavirus pandemic, he now believes Scotland would be better off independent. Would an independent Scotland be better off? This statistic shows a distribution of respondents to a survey question designed to find out how those residing in Scotland think their personal finances would be effected if, in September 2014, Scotland voted 'yes' for independence from the United Kingdom. Will Scotland be better off independent from the UK? If Scotland became independent, would England and Wales be financially better off? However, the downside risks (both exogeneous and arising from the quality of policy making) are quite large. "Would the rest of the UK be worse of better off if Scotland did gain independence?" The SNP leader replied: "Well Scotland's deficit is falling first of all, our revenues are rising. We can use the same model to assess whether an independent Scotland would benefit from re-joining the EU. The . England could have much better schools and hospitals. Scotland has reached the age when it wants to be its own country, independent from mother England. Scotland shifted from being an independent kingdom when the Act of Union in 1706 made Scotland a part of the United Kingdom (Smith & Collin, 2013). (Photo By How exactly is England hurt by Scottish independence? 7. - The Perspective Scotland would relish the freedom of independence given its contrasting principles from the UK, which triggered Brexit this week. In simple terms, this eclipses the figure of £824 a year for every Scot as revealed by the UK Government's own GERS (Government Expenditure and Revenue Scotland) figures for 2011/12 . Being better or worse off in an independent Scotland is the million dollar question - and both sides of the referendum debate claim to have the answer. Wise up England, you'd be better off without Scotland June 30, 2014 9.42am EDT. 6. "An independent Scotland would not need England's permission to continue using the pound sterling, and in fact would be better off using the pound without such permission. Economically, do you think Scotland would be financially better off or worse off if Scotland became independent, or would it make it difference? If so, that would leave pensioners paid in sterling better off than the rest of people in Scotland. Fact: Scotland spent £12 billion more than it raised in . It is young people who are often hit the hardest - as well as that hope of what the world could be like, there is also the fear of what the world is going to be like if we don . Just claiming only unionists says Scotland will be poorer it false. First off, an independent Scotland may not qualify for membership because its deficit-to-GDP ratio is nearly 10%. Scotland is an idea, like America is. It's the Scots' business but I think Scotland contributes to the idea of the United Kingdom. But the English, who have supported Scotland for years, will become a good deal richer. For an independent Scotland to be better off inside the EU, independence must destroy a sufficiently large share of Scotland's trade with the rest of the UK that the EU becomes Scotland's most important trade partner. 1210 Words | 5 Pages. This essay aims to analyze the pros and cons of the Scottish independence in terms of political and economic factors, in order to prove that Scotland would be better off alongside the United Kingdom. Independence would give Scotland the chance to address gender inequality. Scotland can, and deserves to do better for its citizens. The Scottish First Minister declared Scotland would be better off being an independent member state of the EU rather than being part of a Britain outside the EU. Opponents of Scottish independence, use this statistic to argue that an independent Scotland would be financially worse off, and that England would conversely be better off. With that in mind, would England be better off if Scotland left the Union? For last year, 2013-14, Scotland's oil and gas revenues appear to have dropped further, to £4.2bn. The promise is that by leaving the UK and rejoining . The Scots get all those services without charge and in terms of Scotland there are 53,500 (June 2020) UK Govt employees employed in Scotland who rely on pay from taxes collected outside of Scotland. An independent Scotland would have to provide all those services from day one. Scotland is to vote in September on whether to become independent, and the opinion polls have narrowed drastically. A man who has been arguing since 2015 that the UK would be better off as a sovereign nation independent of any control from a bigger entity, is today insisting that Scotland would be worse off as a sovereign nation and should remain under the control of a bigger entity. However, when it comes to governmental elections, Scotland has demonstrated time and again that Scottish values systems are not well aligned with thos Continue Reading David Perry , Ex RN The Scottish First Minister declared Scotland would be better off being an independent member state of the EU rather than being part of a Britain outside the EU. That would require a boost to productivity, more immigration and bringing more women into the. Scotland is currently part of the UK Internal Market and Customs territory, however if an independent Scotland were to join the EU, a customs border with the UK may be necessary. Scottish Independence: What An Independent Scotland Should Be—With Keyrin & Cameron Scottish independence has been talked about for a long time now,. The Scottish government's calculation is that "each Scot would be £1,000 better off" after 15 years. Would an independent Scotland be better off inside or outside the EU? We are better off as the United Kingdom. Scotland pays more in tax than it receives back from the UK government, yet the myth persists that Scotland is 'subsidised' by the UK. It's a vote that could end Scotland's 307-year union with England and Wales as Great Britain - and see it launch into the world as an independent nation of some 5.3 million people. An independent Scotland that wants to join the EU is an even bigger win for the pro-EU factions in these nations, and may make them willing to sweeten the deal for Scotland if it means stopping their own political enemies at home, to say nothing of the fact that regions within EU nations that may be looking at the possibility of independence . Medium-sized European nations such as Norway, Denmark, and Sweden are among the most prosperous countries in the world, well ahead of the UK. The difference - the benefit to Scotland of only having to assume a population share of the UK's deficit (in the form of a population share of the UK's debt) was £12.1 billion 5. Economic Uncertainty At present, over 60% of Scottish exports go to England, Wales and Northern Ireland; more than the rest of the world combined. There are 5 vital . Only 22 per cent of Scots said they thought they would be better . Using Westminster's own data, it shows that immediately on becoming Independent all Scots will be 11% better off. No difference. No I do not think that Scotland would be any better off as an independent nation without the support of the rest of Britain. Scotland shares many similar economic features with these countries, highlighting the immense growth potential of Scotland. The OECD, IMF and the EU all think Scotland would be poorer after independence. The UK Treasury published a report saying. Scots will either be £1,000 better off or £1,400 worse off if they vote for independence, according to the UK and Scottish governments. Should Scotland Be An Independent Country. In 2017 Scotland exported £48.9 billion to the rest of Britain, £17.6billion to the rest of the world and £14.9billion to Europe, so our biggest exporter is the one they want to leave. The first thing is to organise a tax collection service. A large majority of independent professional economists believe Scotland would not be better off if it were independent, according to a recent survey.A smaller majority believe the rest of the UK . Without Scotland and the EU to support the English would be much better off. The Scottish government's independence white paper says that, on a population share, Scotland would be entitled to £7.8 billion of the United Kingdom's £93 billion of defence assets (the . The UK has been going through a period of volatility and uncertainty - politically, economically and socially - since the 2014 referendum on Scottish Independence, and then the 2016 vote on EU membership.Since this time, the SNP, with its manifesto largely based around an independent Scotland, has dominated Scotland's parliament and its wider political scene. An independent Scotland that wants to join the EU is an even bigger win for the pro-EU factions in these nations, and may make them willing to sweeten the deal for Scotland if it means stopping their own political enemies at home, to say nothing of the fact that regions within EU nations that may be looking at the possibility of independence . An independent Scotland, if economic policy were broadly sensible, would probably be slightly worse off than as part of the UK; if both lucky and well managed, it might be slightly better off. By Andy Bruce LONDON (Reuters) - An independent Scotland would struggle to maintain an informal currency union with the rest of the United Kingdom for more than a year if it walked away from its share of the UK's national debt, a think tank said on Tuesday. "There is very little that an English government would actually be able to do to stop Scottish people from continuing to use the pound sterling if they wanted to. Scotland is home to a unique combination of assets with which to build a prosperous and wealthy nation. Myth: There would be tax cuts and more spending in an independent Scotland. 6. England could have much better schools and hospitals. Bryan Glass, Texas . Scotland would be better off as an "independent" member of the European Union, Nicola Sturgeon has suggested. The SNP's big pitch to the people of Scotland is on Brexit, which the party claims will be costing Scotland £1600 of lost GDP person by 2029. In short, membership of the UK for the last 32 years has left Scotland anywhere from £180 billion to £250 billion worse off than it would have been as an independent country. Certainly, Brexit has shifted EU attitudes toward a potentially independent Scotland in the bloc compared to 2014 when the first . EDINBURGH — On Sunday, former European Council President Donald Tusk said Brussels would surely be full of empathy and enthusiasm if an independent Scotland wanted to rejoin the European Union. We can use the same model to assess whether an independent Scotland would benefit from re-joining the EU. There is a case - strengthening surely - that Scotland would be better off in the long run integrating itself into an economic superpower, the EU, rather than the new sick man of Europe, the . This would immediately disappear with the establishment of an independent Scotland, which . Plus I have the same distaste for the Scottish Nationalists that I have for every other variety of Nationalist for similar reasons. When people reach a certain age, they begin to want to be independent from their parents and become self-sustaining. Find out more: Yes Scotland and The Scottish Government and The Independent 6. So the choice of an independent Scotland would be far more tax, or far less spending - or, most likely, a mixture of the two. Huge economic experiment proves Scotland would be better off independent - by David McWilliams.David McWilliams, economist, writer, broadcaster and journalis. Cabinet Secretary for Finance Kate Forbes and her predecessor Derek Mackay kept telling us that Scotland would be better off as an independent country than as part of the UK. The same can be said of a country living dependently of one another. Better off. Independence would give Scotland the chance to address gender inequality. The SNP says Scotland want to stay in Europe as we have a large trading partnership with them, that's not what their own export statistics tell us. But the English, who have supported Scotland for years, will become a good deal richer. 7. . And lower taxes. So in 2020-21 GERS shows an implied fiscal transfer between the rest of the UK and Scotland of £12.1 billion - that's £2,210 for every man, woman and child in Scotland. Don't know. 6. On 18 September 2014, the Scottish electorate will be asked the following question: "Should Scotland be an independent country? You can argue that this would be a price worth paying for . The 2021 figures show that the UK has a gross domestic product (GDP) income per head of the population of just £31,038 - behind other poor performers France on £32,622 and Finland on £34,187 . But instead of that huge surplus, Scotland is part of a UK with a massive £1.4 trillion debt - our population share of the debt is approximately £118 billion. The prospect of an independent Scotland raised questions about the future of the Northern Isles (Orkney and Shetland) and the Western Isles, island groups off the Scottish mainland. Henderson lives in Helensburgh, a coastal . Plus numerous international banks and investment houses who have released analysis. Scotland pays more in tax than it receives back from the UK government, yet the myth persists that Scotland is 'subsidised' by the UK. most Tory members would now be happy for Scotland to become independent if that meant delivering Brexit. says: February 18 2021 at 7:15 am […] same group of activists who recently asked me if Scotland could afford to be independent also asked me whether Scotland would be better or worse off than the rest of the UK after […] Re-joining the EU cannot make up for the income lost to independence. Re-joining the EU cannot make up for the income lost to independence. Scottish nationalist leader Alex Salmond has said an independent Scotland might refuse to take on its share of the debt if it was not . If Scotland becomes independent the Scots will become a good deal poorer. If better off means greater environmental sustainability, quality of life and economic prosperity, an independent Scotland in the EU could probably achieve the first two, but it remains to be seen whether Scotland can ever seriously rival England's economic power. [114] In the long term both Wales and Scotland would probably be better off as independant countries but it could take decades to see any real benifits (for Wales in particular) Sixty-two percent of Scots were against Brexit, chosen mainly by English voters. By Bryan Glass. Neither Alex nor Martin believes an independent Scotland will be favourable to the English. The Scottish First Minister said that the EU is "not a perfect institution" but that it. 7. That works out at around £7 billion a year. One of the early myths created by the No Campaign has been debunked and even the Unionists agree that Scotland has what it takes to become independent and the Scottish people will be better off financially. Kirsty Hughes is director of the Scottish Centre on European Relations. Three-quarters of the 28 economists surveyed said they "disagreed" or "strongly disagreed" that the economy of an independent Scotland would be better off than if the country stays in the U.K. But the more independence reduces trade, the greater its economic costs. There are several powerful reasons why the English should accept or even be enthusiastic about the Scots going it alone when they vote at the end of the summer. Nicola Sturgeon also believes that Scotland will be better off in the EU, to be fair the Scots did receive a good chunk of EU funding - before the EU's eastward expansion, but Nicola Sturgeon doesn't quite grasp the hoops that an independent Scotland would need to go through to join the EU, and there is no guarantee that they would get membership. Scotland has the resources and finances to become independent. If Scotland becomes independent the Scots will become a good deal poorer. An independent Scotland would be better off using its own currency rather than seeking to share the pound or join the euro, according to a Nobel prize-winning economist who acts as an adviser to . Philippe Lamberts, the Belgian co-president of the Green Party in the European Parliament, compared Scotland's potential to Ireland which remains an island away from the . Yes/No." In the event of a 'Yes' vote, the plan is that Scotland would become an independent country in March 2016, and thereby no longer a constituent nation of the UK after 307 years. These bonds between the nations will not be dissolved if Scotland became independent; they would simply readjust to meet the new circumstances. "I feel that myself. Note that re-joining dismantles the barriers created by Brexit, only to erect them again at the . At 1/29/21 11:38 AM, Fim wrote: Ultimately I think a lot of the talk north of the border on independence is often very thinly veiled albeit deep rooted resentment for the English, and not actually based off a solid argument that life in Scotland would be better off if they were independent. Would an independent Scotland be better off inside or outside the EU? full question. In 2012-13, The North Sea brought in £5.6bn of revenues for Scotland, assuming an independent Scotland would get a "geographic" 90% share of revenues. 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