Creating a monetary union between an independent Scotland and the rest of the UK requires preventing capital flight

Armstrong, Angus (2013) Creating a monetary union between an independent Scotland and the rest of the UK requires preventing capital flight [Online resource]

Copy

Angus Armstrong explores the practical difficulties of creating a monetary union between an independent Scotland and the rest of the UK. Importantly, a common financial infrastructure is required to convince savers and investors that their money will always be safe in an independent Scotland.