Uncharted waters? Problems of financing labour's Scottish parliament

Abstract
The debate surrounding constitutional reform in the 1990s has focused on the political and cultural dynamics of constitutional change. There has been little discussion of the fiscal effects of a devolved assembly (Lee, 1995), in particular the impact of a Scottish parliament on intergovernmental fiscal relations; yet this is a crucial aspect of the debate. The financial relationship between an Edinburgh parliament and Whitehall requires to be a stable one if the parliament is to prosper.

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