The Caithness Business Index has posted the following article:

How Would An Independent Scotland Borrow?

Any currency choice for a newly independent Scotland would require its government to bring borrowing down to a sustainable level and commit to low and stable inflation. This report, published alongside a second paper on currency options for an independent Scotland, sets out how currency choice and needing to borrow from international markets would affect an independent Scotland's monetary and fiscal policy, economic and financial stability, and trade opportunities. [Read Full Article]