Autonomy and equity in the new funding system for autonomous regions in Spain
The core of the paper focuses on assessing the new funding system for the autonomous regions in Spain (approved in July 2009) taking into account the problems that derive from the design and the running of the previous system and according to the main principles of a decentralization funding scheme: autonomy and equity. Once the pending problems have been identified, we make an effort to explain the new model through the description and articulation of its basic elements. Likewise, an initial estimation of the resource allocation in the first year of implementation (2009) is also presented as a complement of the previous explanation. From our viewpoint, the new model achieves significant improvements in terms of both principles (autonomy and equity), although some of the weaknesses of the previous model remain unresolved and new problems also arise. As a result, we cannot provide a favourable judgement about the current funding system. Moreover, it must be pointed out that the reform does not fulfil the requirements in terms of transparency and the consolidation of public finance, given that it is the most complex and expensive model (the Central government assumes a significant part of the fall in regional revenues) in the entire Autonomous regions’ trajectory. Finally, it is worth noting the surprising lack of commitment in terms of effective corresponsibility and budgeting consolidation in regional governments, which can be explained an agreement reached in a period of economic crisis that clearly affect the public revenues.
Volume (Year): (2010)
Issue (Month): 18 ()
|Contact details of provider:|| Postal: C/ Viladomat, 321 entresuelo - 08029 Barcelona, Teléfono y Fax: + 34 933101112, E-mail: email@example.com, Web: www.aecr.org, Web Investigaciones Regionales: www.investigacionesregionales.org|
Phone: +34 93 310 11 12
Fax: +34 93 310 11 12
Web page: http://www.aecr.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ris:invreg:0067. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Julieta Llungo-Ortíz)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.