Professor Paul Hallwood will publish his eighth book in July this year: The Political Economy of Financing Scottish Government: Considering a New Constitutional Settlement for Scotland (with Ronald MacDonald), Edward Elgar Publishers, Cheltenham, 2009. Series editor Wallace Oates writes of the book “Hallwood and MacDonald make a compelling case for the devolution of fiscal authority to Scotland to increase fiscal autonomy and improve fiscal performance. They suggest not only the need for such devolution but provide a careful analysis and blueprint of how to do it.” Additionally, the book is motivated to find a fiscal settlement for Scotland that is most likely to hold the United Kingdom together at a time when the separatist Scottish National Party forms the Scottish administration. The topic is creating quite a stir already, see this article in the Scotsman.
The book is also available on Amazon