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.
|Date of creation:||Oct 2013|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.centreformacroeconomics.ac.uk/|
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