GROWTH COMMISSION RESPONSE: ENDORSEMENTS
23 July 2018
“I fully concur with this paper's evidence-based analysis and critique of the underlying economic and spending assumptions and conclusions offered in the Sustainable Growth Commission report” – Professor Brian Ashcroft, Emeritus Professor in Economics, University of Strathclyde
“This is a very helpful and objective analysis of the Growth Commission report's attempts to side step key issues regarding the macroeconomics of independence.” – Professor Ronald MacDonald, Research Professor of Macroeconomics and International Finance (Economics), Adam Smith Business School, University of Glasgow
“The Growth Commission seems to rely on an overly optimistic economic assessment. The reality is that the links between Scotland and the UK are much deeper that those between the UK and the EU.” – Sir Andrew Large, Former Deputy Governor for Financial Stability of the Bank of England and member of the Monetary Policy Committee
“This important paper constructively examines the recommendations of the Growth Commission by taking a thorough look at the numbers. What emerges is in fact a strong, positive argument for the continuation of the UK as the best solution for the Scottish economy.” – Brian Quinn CBE, Former Honorary Professor of Economics, Glasgow University and Former Acting Deputy Governor of the Bank of England
“The SNP’s Growth Commission deserves careful and critical scrutiny, as we have to assume it would be the economic plan of an independent Scotland, and this paper is an important contribution.” – Professor Jim Gallagher, Visiting Professor, University of Glasgow, Associate Member, Nuffield College, Oxford
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Executive Summary
Context & Response
1. Smaller isn’t Necessarily Better
2. Stretching the Empirical Data
3. Failing to Make a Case
4. A Reality Check
5. The Truth about Austerity
6. Aiming Too Low
7. The Missing Model
8. Currency – an Unsolved Conundrum
9. Making the Case for Union
Endorsements
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