The 300th anniversary of Scotland’s union with England was marked with renewed speculation (backed up by opinion polls) about the constitutional future of the union and a reinvigorated debate about whether Scotland should ‘go it alone’. However, could an economically independent Scotland survive? The article below considers the issues relating to an ‘economically independent’ Scotland.
Where there’s oil ……. Guardian (8/2/07)
Questions
| 1. | Discuss the impact of North Sea Oil on the Scottish economy. |
| 2. | Assess the extent to which an independent Scotland would survive economically. |
| 3. | Discuss the changes that would take place in the fiscal position of Scotland if they were independent. |