The potential economic benefits of Welsh independence have been set out in a new report produced by Harvard researchers Adam Price and Ben Levinger. Adam Price - a research fellow at Harvard’s Center for International Development and former MP - describes a 'flotilla' effect of small nations outperforming the bigger 'dreadnoughts' over time.
The report, commissioned by Jill Evans MEP’s EFA group in the European Parliament, is not intended by itself as an economic road map to independence but does present some key findings on the potential economic benefits of being a small independent nation.
It is a serious and substantial contribution to the debate about sustainable economic growth in small nations. This is particularly timely and highly relevant to Wales and other similar European countries in this time of global economic turmoil.