{"id":1487,"date":"2014-11-12T09:00:57","date_gmt":"2014-11-12T09:00:57","guid":{"rendered":"http:\/\/blogs.scotland.gov.uk\/scotlands-economy\/?p=1487"},"modified":"2014-11-12T09:00:57","modified_gmt":"2014-11-12T09:00:57","slug":"council-of-economic-advisers-meets","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2014\/11\/12\/council-of-economic-advisers-meets\/","title":{"rendered":"Council of Economic Advisers meets"},"content":{"rendered":"

The Council of Economic Advisers has met\u00a0in Edinburgh. It is the sixth time the council has met.<\/p>\n

Members discussed how to maximise the economic impact of new powers for Scotland and how they could be best used to promote competitiveness and tackle inequalities.<\/p>\n

The Council agreed that in order for such a process to be meaningful and purposeful, any new framework needs to promote efficient policy decision making and ensure that, once established, the economic and financial costs and benefits of using these new powers are captured in Scotland.<\/p>\n

Chair of the Council of Economic Advisers Crawford Beveridge explains:<\/p>\n

\u201cDevolving a range of taxes to Scotland will benefit both Scotland and the UK.<\/p>\n

\u201cFor Scotland, taking ownership and accepting accountability for a much greater proportion of its own finances provides an important opportunity to grow a stronger economy and create a fairer society. In our meeting today, we discussed the principles which could underpin an overarching economic and fiscal framework and which, if followed, would provide a workable model for both Scotland and the UK.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Council of Economic Advisers has met\u00a0in Edinburgh. It is the sixth time the council has met. Members discussed how to maximise the economic impact of new powers for Scotland and how they could be best used to promote competitiveness and tackle inequalities. The Council agreed that in order for such a process to be…<\/p>\n","protected":false},"author":54,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1487","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nCouncil of Economic Advisers meets - Scotland's Economy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/2014\/11\/12\/council-of-economic-advisers-meets\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Council of Economic Advisers meets - Scotland's Economy\" \/>\n<meta property=\"og:description\" content=\"The Council of Economic Advisers has met\u00a0in Edinburgh. 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