Economic analyses and critiques, including a focus on sustainability, inclusive growth and the community economy.

Latest economic growth and labour market figures for Scotland

Scotland performed better in the latest official releases, with both the economy and employment growing, although unemployment also grew, according to the latest CPPR Briefing Note by John McLaren, Jo Armstrong and Ken Gibb. On an annual basis Scottish GDP has grown by 1.2%, well above the 0.5% seen for the UK. This differential was principally…

Currency Issues and Options for an Independent Scotland

By Professor Ronald MacDonald, Research Professor of Macroeconomics and International Finance, Adam Smith Business School, University of Glasgow In this paper, Professor Ronald MacDonald takes on the role of a ‘virtual consultant’ to a potentially independent Scotland. What should the exchange rate regime of an independent Scotland look like? MacDonald argues that the current proposal…