Long run fiscal issues

Patrizio Lecca, Peter G McGregor, Kim Swales

Research output: Chapter in Book/Report/Conference proceedingChapter


At present, much of the debate related to Scottish independence has tended to focus on shorter-term issues, especially on the likely fiscal position if Scotland were to become independent in 2015/16. Fiscal sustainability, in the short-run, is going to be largely determined by the scale of the prevailing fiscal deficit, the excess of Government expenditures over Government revenues, and the scale of Scottish Government debt relative to GDP.
Original languageEnglish
Title of host publicationThe Economic Consequences of Scottish Independence
EditorsDavid Bell, David Eiser, Klaus Beckmann
Place of PublicationHamburg
Number of pages8
Publication statusPublished - 31 Aug 2014


  • Scottish independance
  • fiscal sustainability
  • fiscal deficit


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