Scotland’s Currency Options
The objective of this paper is to consider which currency option would be best for an independent Scotland. We examine three currency options: being part of a sterling currency union, adopting the euro, or having an independent currency. No currency option is the best when considered against all criteria. Therefore, making the decision requires deciding which criteria are most important.
References listed on IDEAS
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- Angus Armstrong, 2012. "Scotland's Currency and Fiscal Choices," National Institute Economic Review, National Institute of Economic and Social Research, vol. 219(1), pages 4-9, January.
- Dr Monique Ebell & Dr Angus Armstrong, 2013.
"Scotland’s Currency Options,"
NIESR Discussion Papers
415, National Institute of Economic and Social Research.
- Angus Armstrong & Monique Ebell, 2013. "Scotland's currency options," LSE Research Online Documents on Economics 58368, London School of Economics and Political Science, LSE Library.
- Angus Armstrong & Monique Ebell, 2013. "Scotland’s Currency Options," Discussion Papers 1302, Centre for Macroeconomics (CFM).