Will the benefits of fiscal devolution outweigh the costs? Considering Scotland's new fiscal framework

Research output: Contribution to journalArticle

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 languageEnglish
Number of pages12
JournalRegional Studies
Early online date22 Jul 2020
DOIs
Publication statusE-pub ahead of print - 22 Jul 2020

Keywords

  • fiscal federalism
  • devolution
  • Scotland

Fingerprint Dive into the research topics of 'Will the benefits of fiscal devolution outweigh the costs? Considering Scotland's new fiscal framework'. Together they form a unique fingerprint.

  • Cite this