Abstract
An extensive programme of fiscal devolution to the Scottish Parliament is underway. Fiscal devolution is expected to bring several benefits, including the ability to align policy more closely to preferences, and enhancing the accountability of the devolved parliament. But it can entail costs in the form of diseconomies of scale, complexity for taxpayers, and various inequities and inefficiencies. This paper reviews Scotland’s new devolved fiscal settlement and considers the extent to which it is realizing the benefits that were intended, and how these compare with the costs and risks.
| Original language | English |
|---|---|
| Pages (from-to) | 1457-1468 |
| Number of pages | 12 |
| Journal | Regional Studies |
| Volume | 54 |
| Issue number | 10 |
| Early online date | 22 Jul 2020 |
| DOIs | |
| Publication status | Published - Oct 2020 |
Keywords
- fiscal federalism
- devolution
- Scotland