1. Introduction -- 2. The Economic Model -- 3. Intra-State Sequencing with Historical Examples -- 4. Drivers of Historical Sequences -- 5. International Sequencing with Historical Examples -- 6. Peacekeeping and Sequencing -- 7. Case Study: Secessionist Motives in the American Civil War -- 8....

This paper demonstrates that all of the currency options available to an independent Scotland come with the price tag of an austerity programme to the tune of £40bn. This is due to the need to accumulate foreign exchange reserves. So called Plan A - being part of a formal monetary union - comes...