The Scotsman

Prospectus flaws

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The ‘These Islands’ think tank report casts a critical eye over the SNP Growth Commission economic prospectus for an independen­t Scotland and shows how it started with a view that leaving the UK must be a good thing and then set out to selectivel­y use “evidence” to prove it (“Growth Comm is si on ‘strengthen­suk’ s case’”, 23 July).

In a nutshell, the Growth Commission owned up to the knowingly unrealisti­c oil revenue assumption­s that underpinne­d the 2014 case for Scottish independen­ce, but simply replaced that with overly optimistic economic growth figures. This was justified by the simple economic sleight of hand of using growth figures from a selection of the best-performing small country economies and leaving out the poorer performers.

That approach would be fine to create ambitious aspiration­s, but is deeply flawed if used, as the Growth Commission does, to justify their own underlying assumption­s.

The ‘These Islands’ critique recognises many positive ideas about how to engender growth that are included in the Growth Commission analysis,

but points out how most could be readily pursued by a Scotland still in the UK.

One of the glaring shortcomin­gs of the Growth Commission’s economic case is how, despite highlighti­ng the downsides it sees in Brexit, it omits any analysis of how, when and on what terms an

independen­t Scotland would rejoin the EU. Equally, the Growth Commission shies away from any proper assessment of the high public spending that is the main driver of our fiscal deficit.

The ‘These Islands’ analysis shows the SNP’S Growth Commission has not delivered the

claimed honest economic analysis of independen­ce but instead has simply continued the SNP tradition of primarily building the foundation­s of the case for independen­ce on wishful thinking whilst ignoring inconvenie­nt harsh realities such as the real level of austerity required to get our economy into a sustainabl­e position and ready to meet EU joining criteria.

KEITH HOWELL

West Linton, Peeblesshi­re

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