THE SCOTTISH FISCAL FRAMEWORK: PAST, PRESENT, AND FUTURE

Francis Breedon

National Institute Economic Review2025https://doi.org/10.1017/nie.2025.10083article
AJG 1ABDC B
Weight
0.50

What the paper says

Abstract Fiscal rules for devolved nations present some fundamental challenges not faced when making national fiscal Rules. Most importantly, rules across devolved nations involve a negotiation between the central and devolved governments who have very different objectives and so the framework created ends up as a mix of economics, politics and the vagaries of compromise. This article highlights how these issues have resulted in Scotland finances being heavily influenced by both inflation and population growth in ways that were never intended to become a long run feature of the funding framework.

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https://doi.org/https://doi.org/10.1017/nie.2025.10083

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@article{francis2025,
  title        = {{THE SCOTTISH FISCAL FRAMEWORK: PAST, PRESENT, AND FUTURE}},
  author       = {Francis Breedon},
  journal      = {National Institute Economic Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1017/nie.2025.10083},
}

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THE SCOTTISH FISCAL FRAMEWORK: PAST, PRESENT, AND FUTURE

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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