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Should Scotland be an Independent Country?

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The Scottish referendum on Independence has understandably been a hot topic in the news of late. It is scheduled to take place on the 18th September 2014. The question posed to the voter will be “Should Scotland be an independent country?” Only Scottish and British citizens resident in Scotland will be able to vote. This means that the 800,000 Scots who live in other parts of the UK don’t get a vote, while the 400,000 people from elsewhere in Britain who live in Scotland do. Members of the armed forces serving overseas who are registered to vote in Scotland will also be able to take part in the referendum.

The referendum will be the most politically significant vote of recent history in the UK and in the event of a yes vote, lead to a radical reshaping of the entire landscape of the UK. The Scottish government proposes that its independence day will be 24 March 2016 in the event of a yes vote. However despite the Scottish government’s pro independence rhetoric, an independent Scotland might not be such a good idea.

There are some major problems Scotland would have to deal with in the event of independence. Firstly and arguably one of the most important hurdles Scotland would have to deal with is the issue of economics. What would happen to the currency in Scotland? Would it have to use a new, different Scottish currency and give up the pound? Chancellor George Osborne certainly seems to argue that there will be no currency union with an independent Scotland. It would be a great headache for Scotland if it could no longer use the pound, and perhaps lead to some financial instability. An independent Scotland trying to establish a new currency would be a logistical nightmare for everyone in the UK, not just Scotland. How would the banks and big business respond to the dissolution of the currency union? Would they be supportive of a new Scottish currency? Big businesses certainly seem to be very hesitant of the idea of an independent Scotland, most probably because of the problems it could cause them financially and the practicality of such a big change.

Another key issue an independent Scotland would have to grapple with are the defence arrangements. What would happen to the shared armed forces vehicles and troops? What about the naval ships and air force? It would certainly be very cumbersome to rearrange or divide up the military personnel and vehicles between an independent Scotland and the rest of the UK. Furthermore determining what military assets would actually belong to an independent Scotland could prove to be a problem as well.

What would happen to Trident? Trident is based in Scotland at the moment and whilst the Scottish government is saying an independent Scotland wants no nuclear weapons, in the future this might not be the case. Who would get control of the nuclear weapons, if in the unlikely event Scotland starts pushing for keeping some? And if Scotland really doesn’t want the nuclear weapons, relinquishing control of the Trident submarines or moving the base could be a big problem in and of itself. The loss of jobs resulting from the closure of the Clyde naval base which currently hosts Trident in Scotland could be profound as well.

Another major issue an independent Scotland would have to deal with is its membership of supranational organisations, in particular the EU and NATO. At the moment Scotland is part of the UK, and therefore it is part of the EU and NATO. However if Scotland becomes an independent country, its membership of these organisations would be thrown into flux. An independent Scotland would arguably be no longer a member of the EU or NATO. It would either have to reapply or cut some deals during negotiations to be part of the organisations again. And who’s to say whether the negotiations would be swift or easy?

An Independent Scotland sounds good on paper, but in reality it would have many political and economic hurdles to contend with. The transition from being part of the UK to an independent Scotland in the event of a yes vote could prove to be too much of a herculean task for the Scottish government. Scottish voters will have to think long and hard about all the implications of independence. Ultimately, Scotland staying in the UK might be more practical in the long term and certainly in the short term.