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Fiscal Commission Working Group – First Report – Macroeconomic Framework

Fiscal Commission Working Group – First Report – Macroeconomic Framework

Monday, February 11, 2013

ISBN: 9781782563648

The first report of the Fiscal Commission Working Group, delivering their recommendations for the macroeconomic framework of an independent Scotland.

Executive Summary

The creation of Fiscal Commission Working Group was announced in March 2012. The Working Group was tasked with overseeing the design a robust macroeconomic framework for Scotland post-independence.

A sound macroeconomic framework which is underpinned by monetary stability, financial stability and sound fiscal management is a pre-requisite for economic growth.

This first report puts forwards a number of recommendations for the Scottish Government to consider and is intended to inform the debate around Scotland’s future post-independence.