IDEAS home Printed from https://ideas.repec.org/p/cor/louvco/1993037.html
   My bibliography  Save this paper

Regions of Europe : A Feasible Status, to be discussed

Author

Listed:
  • DREZE , Jacques H.

    (CORE, Université catholique de Louvain, B-1348 Louvain-la-Neuve, Belgium)

Abstract

A new concept is proposed, that of "Regions of Europe", which do not have full statehood and belong not to any state but to the Community directly. Without endorsing this possibility, and limiting itself to its economic aspects, this article investigates in particular how assets and liabilities should be apportioned at the time of a secession. It argues in favour of distributive neutrality: net incomes are unchanged by the secession itself, in both the seceding region and the rest of the nation. How distributive neutrality could be implemented is explored through a number of suggestive examples. In general, a region receives a share of the public debt related to its share of the public primary deficit, with corrections to account for growth, unsustainability of the public debt, and so on.

Suggested Citation

  • DREZE , Jacques H., 1993. "Regions of Europe : A Feasible Status, to be discussed," LIDAM Discussion Papers CORE 1993037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:1993037
    as

    Download full text from publisher

    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp1993.html
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alberto Alesina & Enrico Spolaore, 1997. "On the Number and Size of Nations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1027-1056.
    2. Enrico Spolaore & Alberto Alesina & Romain Wacziarg, 2000. "Economic Integration and Political Disintegration," American Economic Review, American Economic Association, vol. 90(5), pages 1276-1296, December.
    3. Thushyanthan Baskaran, 2010. "Supranational integration and national reorganization: On the Maastricht treaty’s impact on fiscal decentralization in EU countries," Constitutional Political Economy, Springer, vol. 21(4), pages 309-335, December.
    4. Lücke, Matthias, 1994. "The scope for competition among regional governments in the Russian Federation," Kiel Working Papers 649, Kiel Institute for the World Economy (IfW Kiel).
    5. Philippe Cattoir & Frederic Docquier, 2004. "Debt-sharing and Secession: A Generational Accounting Approach," Regional Studies, Taylor & Francis Journals, vol. 38(3), pages 293-303.
    6. Ms. Era Dabla-Norris & Mr. Shlomo Weber, 2001. "Regional Disparities and Transfer Policies in Russia: Theory and Evidence," IMF Working Papers 2001/199, International Monetary Fund.
    7. Baskaran, Thushyanthan, 2009. "Supranational Integration And National Reorganization," MPRA Paper 21597, University Library of Munich, Germany.
    8. Rauscher, Michael, 1996. "Interjurisdictional competition and the efficiency of the public sector: The triumph of the market over the state?," Kiel Working Papers 732, Kiel Institute for the World Economy (IfW Kiel).
    9. Seabright, Paul, 1996. "Accountability and decentralisation in government: An incomplete contracts model," European Economic Review, Elsevier, vol. 40(1), pages 61-89, January.
    10. Grégoire ROTA GRAZIOSI, 2001. "Une analyse économique de la sécession," Discussion Papers (REL - Recherches Economiques de Louvain) 2001034, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    11. Bruno S. Frey & Alois Stutzer, "undated". "The Role of Direct Democracy and Federalism in Local Power," IEW - Working Papers 209, Institute for Empirical Research in Economics - University of Zurich.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cor:louvco:1993037. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alain GILLIS (email available below). General contact details of provider: https://edirc.repec.org/data/coreebe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.