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Devolution and the UK Economy (Paperback)
Loot Price: R1,923
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Devolution and the UK Economy (Paperback)
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The Scottish Referendum in September 2014 had significant and
far-reaching consequences for the political settlement of the
United Kingdom. The pressure for more fiscal devolution and other
economic powers in the devolved nations has increased demands for
greater economic decentralisation in the regions and sub-regions of
England. This edited collection constructs an analytical narrative
that draws on the evidence of the Scottish experience and expert
testimony from the Smith Commission and other policy advisors.
Drawing on ideas from fiscal federalism and agglomeration
economics, the contributors examine the reorganisation and
restructuring of economic territories within the UK. What is
apparent in the UK experience of asymmetrical devolution is that
many of the complex issues surrounding decentralised economic
governance are not going to be addressed through simple expedients.
The pertinent question is what should be the appropriate
institutional logics and formal policy bailiwicks underpinning a
new constitutional settlement? In other words, what new
governmental powers and accompanying forms of governance are needed
to achieve a more economically and spatially balanced economy?
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