According to a GERS report, Scotland’s fiscal position could be greater than the U.K.’s and the country’s economic gross value added is only 10% less than the British average, reports Edward Hadas for The Globe and Mail.
Similar to Denmark and Finland, with approximately the same population, Scotland could thrive on a large, single market and common regulatory structure. Market analysts say Scotland would do better in a healthy Eurozone, adopting the currency, rather than the pound sterling.
iShares MSCI United Kingdom Index Fund
Tisha Guerrero contributed to this article.