How about a paper on the cost of rUK not accepting a currency union with an independent Scotland? One for the IFS? #scotnight #indyref
@John_Arab @GraceMurphy2 We had it 15 years ago: 5 economic tests of joining a currency union. It didn't happen, and ERM1 was a disaster
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@JonMarcStanley@GraceMurphy2 Bit out of date don't you think? And would thay not be about swapping Sterling for Euro currency union? -
@John_Arab@GraceMurphy2 Principle the same, economic and monetary union with a larger partner will polarise decision making; we'd lose out
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