Scotland, Vickers, and policy evaluation: NIESR's latest quarterly review

As well as our regular UK and world economy forecast, this issue contains:

a discussion of Scotland's fiscal and currency choices; Angus Armstrong concludes that an independent Scotland is likely to find the implicit constraints on economic policy, especially fiscal policy, are even more restrictive than the explicit ones it faces as a full part of the UK.

a commentary on the Independent Commission on Banking's final report and the government response;  Angus suggests a radically different response.

and a set of articles on policy evaluation, to be discussed at a seminar at NIESR on 20 February.  All available here.