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fJVlNKcI
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Answer
Written answer
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gYVi7kY8
answer has answering person
Daniel Grian Alexander
answer text
<p>All else equal, an independent Scotland would need to grow at almost 2% per year more than the UK for the next 50 years to get back to the IFS's projection for the UK's debt position. Over the last 50 years Scotland and the rest of the UK have grown, on average, at an almost identical 2% per year. So it would be necessary to double this rate. This would be at the same time an independent Scotland's economy would be facing greater pressure from the decline in North Sea production and an ageing population. No European country has managed to grow at the required rate of 4% over the last 50 years.</p>
answer given date
answer has answering body
HM Treasury
written answer has answering body
HM Treasury
HM Treasury
answering body has written answer
fJVlNKcI
answering body has answer
fJVlNKcI
gYVi7kY8
question has answer
fJVlNKcI
Daniel Grian Alexander
answering person has answer
fJVlNKcI