Chapter

SNP Economic Strategy: Neo-Liberalism with a Heart

Jim Cuthbert and Margaret Cuthbert

in The Modern SNP

Published by Edinburgh University Press

Published in print October 2009 | ISBN: 9780748639908
Published online September 2012 | e-ISBN: 9780748672080 | DOI: http://dx.doi.org/10.3366/edinburgh/9780748639908.003.0009
SNP Economic Strategy: Neo-Liberalism with a Heart

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This chapter evaluates the Scottish National Party (SNP) economic policy under devolution, with particular emphasis on its performance in the period during which the party has been in office. It classifies the SNP's variant of the policy as ‘neo-liberalism with a heart’. The SNP leadership realised that it was regarded by sections of the business community as being anti-business. As regards the current economic crisis, the Scottish government announced in October 2008 a number of tactical steps to counteract the effects on Scotland. It is clear that the SNP in power has tried to do what it had planned. The SNP made the grave tactical blunder of setting explicit targets for what an SNP government could obtain. The SNP's choice of long-term economic vision has proved damaging.

Keywords: Scottish National Party; economic policy; devolution; Scotland; Scottish government; neo-liberalism; power

Chapter.  6267 words. 

Subjects: UK Politics

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