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By G.A.Ponsonby
 
Figures released by the Scottish Government show that an independent Scotland would be more prosperous than the rest of the UK, ranked six places ahead of the UK in a table of European countries.
 
The table, which rates countries by GDP, was based on figures published by Eurostat in March this year and takes into account Scotland’s resources from those UK controlled regions that will fall under Scottish control come independence.

SNP MSP Kenneth Gibson’s parliamentary question revealed that the UK would rank 11th in the table, compared with Scotland’s fifth place.

The estimate was produced using data from Eurostat, the Office for National Statistics (ONS), the National Records of Scotland (NRS), and the Scottish National Accounts Project (SNAP).

The new figures come on top of official Scottish Government figures that indicate, with independence, Scotland would climb to sixth position in the Organisation for Economic Cooperation and Development’s (OECD) wealth per capita league table – where the UK is currently ranked sixteenth.

According to the newly released figures, the four countries ranked at the top of the Euro league table all have populations significantly lower than that of the UK, with two of then having populations smaller than Scotland.

• 1. Luxembourg - Half a million
• 2. Netherlands - Seventeen million
• 3. Ireland - Four and a half million
• 4. Austria - Eight million
• 5. Scotland – Five million
• 11. UK – Sixty-two million

The SNP claimed the new estimates, based on the report in March, undermined the anti-independence argument that Scotland needs to be part of a larger political state in order to survive and would be poorer than the rest of the UK.

Commenting on the original report in March which contained figures for the UK only, Scottish Conservative leader Ruth Davidson said: "This is a very significant report and really exposes recent false SNP claims about what the finances of Scotland would look like if we separated.
 
"This research blows apart Alex Salmond's claim that Scotland would be wealthier than the rest of the United Kingdom …."

Responding to the new figures, which included the calculated GDP of an independent Scotland, Mr Gibson said:
 
“These official figures yet again show the wealth of Scotland and demolish the credibility of the anti-independence attempts to talk down Scotland’s economy and ability to make decisions for itself.

“The example of other successful small independent European nations is an overwhelming vote of confidence in the economic case for an independent Scotland.
 
“Official figures already show that Scotland continues to contribute more to the UK Treasury than we receive in public spending. In 2010/11, Scotland generated 9.6% of UK revenues with 8.4% of the population.

“Despite the Tory-Labour anti-independence pact twisting the figures to talk Scotland down - by omitting Scotland’s share of its oil and gas reserves - they are a glowing endorsement of the case for independence. The Tory-Labour twins are now left looking foolish by their attempts to distort these figures.

"With responsibility for our own finances and our own vast natural resources, we will be able to make choices in our own best interests.  With independence, we would control the fiscal levers we need to suit our own economic circumstances, and maximise Scotland's potential to secure new investment and jobs.”

The figures have been dismissed by Ken Macintosh MSP, Labour's spokesman on finance who claimed that “most economists” treated them with scepticism.

Despite the Eurozone's fourth largest economy, Spain, requesting financial help this weekend and the UK entering a double dip recession, Mr Macintosh also claimed that larger countries were able to weather the global financial crisis better and added:

"A few weeks ago, the SNP were widely criticised for claiming similar figures were from the OECD when in fact they were written by the SNP press office.

"The nationalists keep telling us they want Scotland to be like another country.  It used to be Iceland and Ireland; now it is Luxembourg and Austria, but they can't even tell us what currency an independent Scotland would use."

Comments  

 
# ButeHouse 2012-06-10 00:47
And what we must remember is these figures are for NOW when our Government is operating with limited powers to grow our economy.

After Independence our Government will have those powers for growth and that, combined with the natural Scottish genius which invented The Telephone, TV, Fridge, Radar and ATM not to mention major medical breakthroughs like Penicillin and the Beta Blocker Scotland will rapidly become a very wealthy nation indeed.

VOTE YES in 2014.....You Know it Makes Sense
 
 
# Holebender 2012-06-10 01:51
Can Mr. Macintosh produce a list of these economists he claims are so sceptical?
 
 
# PrideoftheClyde 2012-06-10 03:11
One suspects that it may be news to 'most economists' that they are sceptical. If the SNP say the sky is blue, the unionists will swear it is purple.
 
 
# Dances With Haggis 1320 2012-06-10 05:41
Figures dont lie but liars figure
 
 
# StanLaurelsCat 2012-06-10 05:26
This news is to be welcomed by the nationalist cause and promoted as much as possible, however the MSM will almost certainly not print this as it is evident that they are not in the least comfortable with the facts, preferring to quote nonsensical drivel from what they see as the main parties. Totally crazy, I know as they are haemorraging sales by the day. I would love it if Alex came out with a Stranglers retort, only slightly revised and said "Something better. Change" OK, it would be populist but why not?
 
 
# Seagetagrip 2012-06-10 06:39
BBC have story on web site, surprise, surprise! Most comment being given to Labour financial wizzard Ken MacIntosh would you belive!
 
 
# border reiver 2012-06-10 06:43
It may be 30 years on but this proves just how right the McCrone report was and that the Scottish people have been denied by a series of lies and scaremongering of their sovereign rights by the Westminster propeganda machine.
Role on 2014
 
 
# cokynutjoe 2012-06-10 07:20
Mr MacIntosh has an understandably suspicious and jaundiced view of statistics.
Labour's massaged leadership election results delivered the loser as the winner and he's doubtless still a bit peeved, lip buttoning, for now, being the order of the day.
 
 
# Mark 2012-06-10 07:40
OT
Today's sundayherald reported:

THE Scottish Greens last night walked away from Yes Scotland, the fledgling cross-party campaign for independence, amid complaints the organisation is little more than a vehicle for the SNP.
 
 
# snowthistle 2012-06-10 08:56
Patrick Harvey was denying this last night on twitter. He is not happy that they do not have a bigger part to play but has not "walked away"
 
 
# Wave Machine 2012-06-10 07:52
Latest news from Greens.
Not quite what the Sunday Herald says.

www.scottishgreens.org.uk/news
 
 
# Louperdowg 2012-06-10 08:10
The Herald likes to take perceived grievances against the SNP and turn them into headlines.

I'm sure there will be lots more of this childish sniping in the weeks to come.

Best not to buy the paper or give them any online hits.
 
 
# Saltire Groppenslosh 2012-06-10 08:05
This is great news and I'll be sharing it through social media such as facebook. At the moment, that and another few routes is all we have. I can only hope that we have a open and level playing field as we get closer to the referendum. By my reckoning, we've got about 12 months to complain, protest etc etc to drive change in the main stream media. The unioists know that if the Scottish pulic get the message that we're all getting, for them the games a bogey and the majority of the Scottish voting public will vote yes. It's as simple as that.
 
 
# Seagetagrip 2012-06-10 08:25
However, a fair article from MacWhirter in Herald. Worth a read. I found it difficult to argue with his last four paragraphs other than his time scale for events!
 

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