Abstract
An independent Scotland would be a small European state. Small states may be at a disadvantage in world markets but can also adapt successfully. There are different modes of adaptation, notably the market-liberal mode and the social investment state. Either mode is dependent on internal institutions, social relationships and modes of policymaking. It is not possible to pick and choose items of different models since they have an internal coherence. The Scottish White Paper on independence supports the social investment state. Scotland has some, but not all, of the prerequisites for this so that independence would require internal adaptation.
Original language | English |
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Pages (from-to) | R54-R66 |
Number of pages | 13 |
Journal | National Institute Economic Review |
Volume | 227 |
Issue number | 1 |
DOIs | |
Publication status | Published - 6 Feb 2014 |
Keywords
- Scotland
- globalisation
- political economy
Fingerprint
Dive into the research topics of 'The Political Economy of Small European States: And Lessons for Scotland'. Together they form a unique fingerprint.Profiles
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Malcolm Harvey
Person: Academic Related - Scholarship
Impacts
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Constitutional Change and Territorial Politics in the United Kingdom
Michael Keating (Coordinator)
Impact: Societal