![]() Each of the main parties produced their own plans before The Vow, and it is difficult to tell what will happen when they all get together, perhaps with the SNP, to produce a settlement that sticks this time – in a small fraction of the time it took to produce the ill-fated Scotland Act 2012.From that starting point, what might happen? Instead, the three UK party leaders offered ‘extensive new powers’ in a remarkably short space of time (with draft legislation to come before the next general election). I think that most politicians, and many campaigners, know that devo max is not possible and was not offered during The Vow. ![]() Instead, at the very least, the Bank of England will remain in charge of monetary policy and the UK Government will retain control of many fiscal policies. For some, devo max refers to the idea of devolving everything except foreign and defence policy – something that just can’t happen to Scotland if it remains part of the UK. One of the unfortunate things about the independence referendum debate is that it did not help us clarify the most likely outcome: something that many people will call ‘devo max’. ![]() ![]() ![]() In a two part blog, Paul Cairney asks what will devo-max mean? And how will it play out in different policy areas? Paul will speak today on life after the Scottish independence referendum at the University of Stirling. ![]()
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