The fate of the UK's single market - the issue that the referendum campaigns failed to address and how it shaped the outcome

Young, Alf (2014) The fate of the UK's single market - the issue that the referendum campaigns failed to address and how it shaped the outcome. Fraser of Allander Economic Commentary, 38 (2). pp. 153-156. ISSN 2046-5378

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Abstract

Globalisation of production. Rising income inequality. Tensions between growth agendas and those that prioritise wellbeing. The mismatch between the fiscal demands of nation states and tax avoidance strategies of global corporations. The pressures the growing digital economy, with online distribution of goods and services, is placing on traditional territorial models of matching supply and demand, even those that have embraced free trade and single markets. To name but five. If Scotland is destined to revisit its national question, I would hope the then state of its market relationship with the rest of these islands gets greater scrutiny than it did this time.

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