HM Government: Scotland Analysis: Assessment of a Sterling Currency Union - Cm. 8815

HM Government: Scotland Analysis: Assessment of a Sterling Currency Union - Cm. 8815

Author: Great Britain: H.M. Treasury

Publisher: The Stationery Office

Published: 2014-02-13

Total Pages: 80

ISBN-13: 9780101881524

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This assessment finds that the UK is a successful union because taxation, spending, monetary policy and financial stability policy are co-ordinated across the whole UK. It means risks are pooled, there is a common insurance against uncertainty and no one area or sector of the larger economy is too exposed. Within a sterling currency union, an independent Scottish state would find it more difficult to adjust to the effects of economic challenges. The continuing UK would become unilaterally exposed to much greater fiscal and financial risk from a separate state. Greater fiscal risk would come from UK taxpayers being asked to support the wider economy of another state and also financial risk were banks from that state to fail. The experience of the euro area in the financial crisis highlighted the challenges of creating a durable and effective currency union, illustrated by the very difficult economic adjustments required by some members and the financial risks that have been accepted by other members and their taxpayers. On the basis of the scale of the challenges, and the Scottish Government's proposals for addressing them, HM Treasury would advise the UK Government against entering into a currency union. There is no evidence that adequate proposals or policy changes to enable the formation of a durable currency union could be devised, agreed and implemented by both governments.


Book Synopsis HM Government: Scotland Analysis: Assessment of a Sterling Currency Union - Cm. 8815 by : Great Britain: H.M. Treasury

Download or read book HM Government: Scotland Analysis: Assessment of a Sterling Currency Union - Cm. 8815 written by Great Britain: H.M. Treasury and published by The Stationery Office. This book was released on 2014-02-13 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This assessment finds that the UK is a successful union because taxation, spending, monetary policy and financial stability policy are co-ordinated across the whole UK. It means risks are pooled, there is a common insurance against uncertainty and no one area or sector of the larger economy is too exposed. Within a sterling currency union, an independent Scottish state would find it more difficult to adjust to the effects of economic challenges. The continuing UK would become unilaterally exposed to much greater fiscal and financial risk from a separate state. Greater fiscal risk would come from UK taxpayers being asked to support the wider economy of another state and also financial risk were banks from that state to fail. The experience of the euro area in the financial crisis highlighted the challenges of creating a durable and effective currency union, illustrated by the very difficult economic adjustments required by some members and the financial risks that have been accepted by other members and their taxpayers. On the basis of the scale of the challenges, and the Scottish Government's proposals for addressing them, HM Treasury would advise the UK Government against entering into a currency union. There is no evidence that adequate proposals or policy changes to enable the formation of a durable currency union could be devised, agreed and implemented by both governments.


The Scottish Independence Referendum

The Scottish Independence Referendum

Author: Aileen McHarg

Publisher: Oxford University Press

Published: 2016-06-30

Total Pages: 385

ISBN-13: 0191072028

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The September 2014 Scottish independence referendum was an event of profound constitutional and political significance, not only for Scotland, but for the UK as a whole. Although Scottish voters chose to remain in the UK, the experience of the referendum and the subsequent political reaction to the 'No' vote that triggered significant reforms to the devolution settlement have fundamentally altered Scotland's position within the Union. The extraordinary success of the Scottish National Party at the 2015 General Election also indicates that the territorial dimension to UK constitutional politics is more prominent than ever, destabilising key assumptions about the location and exercise of constitutional authority within the UK. The political and constitutional implications of the referendum are still unfolding, and it is by no means certain that the Union will survive. Providing a systematic and academic analysis of the referendum and its aftermath, this interdisciplinary edited collection brings together public lawyers, political scientists, economists, and historians in an effort to look both backwards to, and forwards from, the referendum. The chapters evaluate the historical events leading up to the referendum, the referendum process, and the key issues arising from the referendum debate. They also explore the implications of the referendum both for the future governance of Scotland and for the UK's territorial constitution, drawing on comparative experience in order to understand how the constitution may evolve, and how the independence debate may play out in future.


Book Synopsis The Scottish Independence Referendum by : Aileen McHarg

Download or read book The Scottish Independence Referendum written by Aileen McHarg and published by Oxford University Press. This book was released on 2016-06-30 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The September 2014 Scottish independence referendum was an event of profound constitutional and political significance, not only for Scotland, but for the UK as a whole. Although Scottish voters chose to remain in the UK, the experience of the referendum and the subsequent political reaction to the 'No' vote that triggered significant reforms to the devolution settlement have fundamentally altered Scotland's position within the Union. The extraordinary success of the Scottish National Party at the 2015 General Election also indicates that the territorial dimension to UK constitutional politics is more prominent than ever, destabilising key assumptions about the location and exercise of constitutional authority within the UK. The political and constitutional implications of the referendum are still unfolding, and it is by no means certain that the Union will survive. Providing a systematic and academic analysis of the referendum and its aftermath, this interdisciplinary edited collection brings together public lawyers, political scientists, economists, and historians in an effort to look both backwards to, and forwards from, the referendum. The chapters evaluate the historical events leading up to the referendum, the referendum process, and the key issues arising from the referendum debate. They also explore the implications of the referendum both for the future governance of Scotland and for the UK's territorial constitution, drawing on comparative experience in order to understand how the constitution may evolve, and how the independence debate may play out in future.


Developments in British Politics 10

Developments in British Politics 10

Author: Richard Heffernan

Publisher: Bloomsbury Publishing

Published: 2016-09-09

Total Pages: 376

ISBN-13: 1137494751

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In recent years British politics has seemed increasingly unpredictable. The Conservative Party's return to single-party government in 2015 surprised commentators and the electorate alike, and Labour's choice of Jeremy Corbyn as its leader marked a striking change in direction for the party. Cuts to public welfare and spending have led to growing dissatisfaction among sections of the public, and the increasing popularity of parties critical of the government's immigration, economic and social policies appears to represent a call for fundamental change in British politics. With a question mark hanging over the country's global standing following the EU referendum, and with further calls for Scottish independence, Britain's immediate future seems uncertain. In the 10th edition of this highly acclaimed text, leading authorities reflect on the latest developments in British politics. Drawing on current research, the chapters provide a state-of-the-art, yet accessible, account of British politics today. All the chapters are newly commissioned for this edition and together they provide a systematic analysis of key trends, issues and debates. Topics covered include the legacy of Cameron's governments, the politics of austerity, immigration, and the question of what, if anything, is distinctively 'British' about the British political system.


Book Synopsis Developments in British Politics 10 by : Richard Heffernan

Download or read book Developments in British Politics 10 written by Richard Heffernan and published by Bloomsbury Publishing. This book was released on 2016-09-09 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years British politics has seemed increasingly unpredictable. The Conservative Party's return to single-party government in 2015 surprised commentators and the electorate alike, and Labour's choice of Jeremy Corbyn as its leader marked a striking change in direction for the party. Cuts to public welfare and spending have led to growing dissatisfaction among sections of the public, and the increasing popularity of parties critical of the government's immigration, economic and social policies appears to represent a call for fundamental change in British politics. With a question mark hanging over the country's global standing following the EU referendum, and with further calls for Scottish independence, Britain's immediate future seems uncertain. In the 10th edition of this highly acclaimed text, leading authorities reflect on the latest developments in British politics. Drawing on current research, the chapters provide a state-of-the-art, yet accessible, account of British politics today. All the chapters are newly commissioned for this edition and together they provide a systematic analysis of key trends, issues and debates. Topics covered include the legacy of Cameron's governments, the politics of austerity, immigration, and the question of what, if anything, is distinctively 'British' about the British political system.


Changing Times

Changing Times

Author: Martin Chick

Publisher: An Economic and Social History of Britain

Published: 2020-01-15

Total Pages: 455

ISBN-13: 0199552789

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This is a study of how, and why, the British economy has changed since 1951. It covers the Golden Age of 1945-1973 when unemployment was below one million; when governments built millions of council houses and flats; when electricity, telephones, and gas were supplied by nationalised monopolies; when income and wealth inequality were narrowing; and when the UK was not a member of the European Economic Community. Moving through the inflation, rising unemployment, and rapid contraction of the manufacturing industry from the mid- 1970s, Changing Times examines the transfer of assets which was effected in the privatisation of public housing and nationalised industries from the early 1980s. The role of the State changed as public investment fell. The financing of old-age care, of state pensions, and of the National Health Service became of increasing concern and were less politically amenable to the approach of using private finance (the Private Finance Initiative and tuition fees) to fund former public obligations. Changes were made to the system of taxation, but public expenditure changed little as a share of national income, although the government now built little. Difficulties emerged in ensuring adequate housing for a growing population, and uncertainty grew as to where future investment in necessities like electricity supply would come from. Having narrowed in the Golden Age, inequality of income and wealth widened. Environmental concerns also grew, from the local smogs of the 1950s, through the concern with acid rain from the 1960s, to the current global concern with climate change. The financial crash of 2008 and the decision to 'Brexit' in the referendum of 2016 reduced economic growth and highlighted the extent of economic change since 1951. This is a study of that change.


Book Synopsis Changing Times by : Martin Chick

Download or read book Changing Times written by Martin Chick and published by An Economic and Social History of Britain. This book was released on 2020-01-15 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a study of how, and why, the British economy has changed since 1951. It covers the Golden Age of 1945-1973 when unemployment was below one million; when governments built millions of council houses and flats; when electricity, telephones, and gas were supplied by nationalised monopolies; when income and wealth inequality were narrowing; and when the UK was not a member of the European Economic Community. Moving through the inflation, rising unemployment, and rapid contraction of the manufacturing industry from the mid- 1970s, Changing Times examines the transfer of assets which was effected in the privatisation of public housing and nationalised industries from the early 1980s. The role of the State changed as public investment fell. The financing of old-age care, of state pensions, and of the National Health Service became of increasing concern and were less politically amenable to the approach of using private finance (the Private Finance Initiative and tuition fees) to fund former public obligations. Changes were made to the system of taxation, but public expenditure changed little as a share of national income, although the government now built little. Difficulties emerged in ensuring adequate housing for a growing population, and uncertainty grew as to where future investment in necessities like electricity supply would come from. Having narrowed in the Golden Age, inequality of income and wealth widened. Environmental concerns also grew, from the local smogs of the 1950s, through the concern with acid rain from the 1960s, to the current global concern with climate change. The financial crash of 2008 and the decision to 'Brexit' in the referendum of 2016 reduced economic growth and highlighted the extent of economic change since 1951. This is a study of that change.


The territorial Conservative Party

The territorial Conservative Party

Author: Alan Convery

Publisher: Manchester University Press

Published: 2016-07-15

Total Pages: 128

ISBN-13: 1526100541

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How did the territorial Conservative Party adapt to devolution? This detailed analysis of the Scottish and Welsh Conservative Parties explains how they moved from campaigning against devolution to sitting in the Scottish Parliament and Welsh Assembly. Tracing the processes of party change in both parties this study explains why the Welsh Conservatives unexpectedly embraced devolution while the Scottish Conservatives took much longer to accept that Westminster was no longer the priority. This book will be of interest to students of British, Scottish and Welsh politics and anyone who is interested in the Conservative Party. It also speaks to wider debates about the nature of devolution, party change and multi-level governance.


Book Synopsis The territorial Conservative Party by : Alan Convery

Download or read book The territorial Conservative Party written by Alan Convery and published by Manchester University Press. This book was released on 2016-07-15 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did the territorial Conservative Party adapt to devolution? This detailed analysis of the Scottish and Welsh Conservative Parties explains how they moved from campaigning against devolution to sitting in the Scottish Parliament and Welsh Assembly. Tracing the processes of party change in both parties this study explains why the Welsh Conservatives unexpectedly embraced devolution while the Scottish Conservatives took much longer to accept that Westminster was no longer the priority. This book will be of interest to students of British, Scottish and Welsh politics and anyone who is interested in the Conservative Party. It also speaks to wider debates about the nature of devolution, party change and multi-level governance.


Principles of Infrastructure

Principles of Infrastructure

Author: Hideo Nakamura

Publisher:

Published: 2019-09-24

Total Pages: 431

ISBN-13: 9784899741077

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Infrastructure is a priority around the world for all stakeholders. Infrastructure projects can continue for several years, from planning and construction to the provision of services. As development in Asia and the Pacific accelerates, governments must invest more in infrastructure to ensure continued economic growth. This book draws on lessons and case studies from Japan and worldwide, covering broad and long-term infrastructure projects. It describes the principles of developing quality infrastructure and focuses on the various steps of a project--from design, planning, and construction to operation and management. It also discusses overseas development assistance, taking examples from Asian Development Bank and World Bank projects. This book is an important reference tool for policy makers in Asia who are planning and implementing large-scale public infrastructure.


Book Synopsis Principles of Infrastructure by : Hideo Nakamura

Download or read book Principles of Infrastructure written by Hideo Nakamura and published by . This book was released on 2019-09-24 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure is a priority around the world for all stakeholders. Infrastructure projects can continue for several years, from planning and construction to the provision of services. As development in Asia and the Pacific accelerates, governments must invest more in infrastructure to ensure continued economic growth. This book draws on lessons and case studies from Japan and worldwide, covering broad and long-term infrastructure projects. It describes the principles of developing quality infrastructure and focuses on the various steps of a project--from design, planning, and construction to operation and management. It also discusses overseas development assistance, taking examples from Asian Development Bank and World Bank projects. This book is an important reference tool for policy makers in Asia who are planning and implementing large-scale public infrastructure.


Global Burden of Disease and Risk Factors

Global Burden of Disease and Risk Factors

Author: Alan D. Lopez

Publisher: World Bank Publications

Published: 2006-04-02

Total Pages: 511

ISBN-13: 0821362631

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Strategic health planning, the cornerstone of initiatives designed to achieve health improvement goals around the world, requires an understanding of the comparative burden of diseases and injuries, their corresponding risk factors and the likely effects of invervention options. The Global Burden of Disease framework, originally published in 1990, has been widely adopted as the preferred method for health accounting and has become the standard to guide the setting of health research priorities. This publication sets out an updated assessment of the situation, with an analysis of trends observed since 1990 and a chapter on the sensitivity of GBD estimates to various sources of uncertainty in methods and data.


Book Synopsis Global Burden of Disease and Risk Factors by : Alan D. Lopez

Download or read book Global Burden of Disease and Risk Factors written by Alan D. Lopez and published by World Bank Publications. This book was released on 2006-04-02 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic health planning, the cornerstone of initiatives designed to achieve health improvement goals around the world, requires an understanding of the comparative burden of diseases and injuries, their corresponding risk factors and the likely effects of invervention options. The Global Burden of Disease framework, originally published in 1990, has been widely adopted as the preferred method for health accounting and has become the standard to guide the setting of health research priorities. This publication sets out an updated assessment of the situation, with an analysis of trends observed since 1990 and a chapter on the sensitivity of GBD estimates to various sources of uncertainty in methods and data.


History of Banking in Iowa

History of Banking in Iowa

Author: Howard Hall Preston

Publisher:

Published: 1922

Total Pages: 484

ISBN-13:

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Book Synopsis History of Banking in Iowa by : Howard Hall Preston

Download or read book History of Banking in Iowa written by Howard Hall Preston and published by . This book was released on 1922 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The Social Life of Coffee

The Social Life of Coffee

Author: Brian Cowan

Publisher: Yale University Press

Published: 2008-10-01

Total Pages: 376

ISBN-13: 0300133502

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What induced the British to adopt foreign coffee-drinking customs in the seventeenth century? Why did an entirely new social institution, the coffeehouse, emerge as the primary place for consumption of this new drink? In this lively book, Brian Cowan locates the answers to these questions in the particularly British combination of curiosity, commerce, and civil society. Cowan provides the definitive account of the origins of coffee drinking and coffeehouse society, and in so doing he reshapes our understanding of the commercial and consumer revolutions in Britain during the long Stuart century. Britain’s virtuosi, gentlemanly patrons of the arts and sciences, were profoundly interested in things strange and exotic. Cowan explores how such virtuosi spurred initial consumer interest in coffee and invented the social template for the first coffeehouses. As the coffeehouse evolved, rising to take a central role in British commercial and civil society, the virtuosi were also transformed by their own invention.


Book Synopsis The Social Life of Coffee by : Brian Cowan

Download or read book The Social Life of Coffee written by Brian Cowan and published by Yale University Press. This book was released on 2008-10-01 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: What induced the British to adopt foreign coffee-drinking customs in the seventeenth century? Why did an entirely new social institution, the coffeehouse, emerge as the primary place for consumption of this new drink? In this lively book, Brian Cowan locates the answers to these questions in the particularly British combination of curiosity, commerce, and civil society. Cowan provides the definitive account of the origins of coffee drinking and coffeehouse society, and in so doing he reshapes our understanding of the commercial and consumer revolutions in Britain during the long Stuart century. Britain’s virtuosi, gentlemanly patrons of the arts and sciences, were profoundly interested in things strange and exotic. Cowan explores how such virtuosi spurred initial consumer interest in coffee and invented the social template for the first coffeehouses. As the coffeehouse evolved, rising to take a central role in British commercial and civil society, the virtuosi were also transformed by their own invention.


UK Standard Industrial Classification of Economic Activities 2007

UK Standard Industrial Classification of Economic Activities 2007

Author:

Publisher: Palgrave Macmillan

Published: 2010-01-15

Total Pages: 260

ISBN-13:

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A clear and logical aid to the revised coding of industrial activities for the United Kingdom in accordance with European regulations, introduced in 2008. This volume contains a hierarchical classification of all industrial activities. Also available: Index to the UK Standard Industrial Classification of Economic Activities 2007.


Book Synopsis UK Standard Industrial Classification of Economic Activities 2007 by :

Download or read book UK Standard Industrial Classification of Economic Activities 2007 written by and published by Palgrave Macmillan. This book was released on 2010-01-15 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear and logical aid to the revised coding of industrial activities for the United Kingdom in accordance with European regulations, introduced in 2008. This volume contains a hierarchical classification of all industrial activities. Also available: Index to the UK Standard Industrial Classification of Economic Activities 2007.