The Economy of Catalonia

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Xavier Escura, for his part, has written about this subject in this book and summarises the situation in this way: «It is very hard to valuate and quantify the colossal theft and looting which the Catalans have suffered since the military occupation of Catalonia in 1714, that is to say, from the time of the Decree of the New Plan, which deployed the provisions on the ‘right of conquest’ of the new Bourbon military regime, to the later prohibitions and confiscations of all kinds based on the laws imposed by the Primo de Rivera dictatorship (1923-1930) and which increased notoriously under the Franco regime (1939-75) and have been maintained in a more nuanced and irregular way to the present day. To this should be added the ‘fiscal looting’, the systematic economic suffocation and the lack of Spanish State investment in the Catalan territory, as well as the Spanish State’s political-legal measures preventing any moderating or corrective change in discriminatory rules that are based, in short, on an initial ‘right of conquest’. «This valuation and quantification –without counting the ‘fiscal looting’ and macroeconomic depredation which are confirmed by data available to all– are difficult to make because, beyond the evident moral and intangible losses and damages that have so greatly encumbered the normal natural development of Catalonia’s culture, economy and life, there are immense direct and indirect material losses and damages derived from this long repression: the requisitioning of infrastructures; the destruction of markets and jobs; the ruin of a tremendous number of people, entities and institutions, and much more.» Grievances affecting the Catalan economy (the Spanish State’s subsidy policy) Albert Pont is of the opinion that «the distribution of the property of the Spanish State should also consider other matters such as the unequal distribution of public aid to certain economic sectors, including industry beyond the fiscal and macroeconomic spheres with which we have been dealing, Xavier Escura recommends two essential books: 1- Benet, Josep: Catalunya sota el règim franquista. Informe sobre la persecució de la llengua i la cultura catalanes pel règim del general Franco (Catalonia under the Francoist Regime. Report on the Persecution of the Catalan Language and Culture by the Regime of General Franco) Edicions Catalanes de París, 1973; and 2- Ferrer i Gironès, Francesc: La persecució política de la llengua catalana (The Political Persecution of the Catalan Language). Ed. 62. Barcelona, 1985. 164 The Economy of Catalonia
Forecasts Million euros 2007 2008 2009 2010 2011 Cumulative 2007-2011 Calculation base 21,335 24,073 24,948 24,085 16,918 % GDP 18.85 % 18.72 % 18.72 % 18.64 % 18.59 % Total investments as per Autonomy Statute 4,022 4,506 4,670 4,489 3,145 Allocations to Catalonia -Initial budget 3,549 3,742 3,925 3,843 2,743 -Initial budget 1 0 565 800 165 Tolls 66 81 82 81 72 Pending 407 118 –136 400 330 1,119 Settlements 2007 2008 2009 Cumulative 2007-2009 Calculation base 19,681 21,791 22,529 % GDP 18.85 % 18.72 % 18.72 % Total investments as per Autonomy Statute 3,710 4,079 4,217 Investment implemented 3,153 3,411 3,938 Tolls 62 69 68 Assignment to 2007 of 160 –160 investments 2008 2 Resolution 3 335 Pending 0 759 211 971 1. Investment resolutions additional to those initially foreseen of 12 February 2008 of the Generalitat-Spanish State Bilateral Commission’s Infrastructures and Facilities Working Group; of 24 February 2009 of the Generalitat-Spanish State Bilateral Commission, and of 8 November 2010 of the Spanish Ministry of Economy and Finance and of the Catalan Ministry of Economy and Knowledge. 2. According to Clause 6 of the Methodology of Additional Provision 3a of the Autonomy Statute of Catalonia and the Resolution of the Spanish Council of Ministers of 22 February 2008, 160.27 million euros of capital transfers acknowledged for 2008 should be applied to the settlement of 2007. 3. Resolution of 8 November 2010 of the Spanish Ministry of Economy and Finance and of the Catalan Ministry of Economy and Knowledge. Source: Own work based on information from the Generalitat. Table 9. Public investment of the Spanish State in Catalonia in compliance with Additional Provision 3 of the Autonomy Statute 47. http://www20.gencat.cat/portal/site/economia/menuitem.6135b456613b7f9af 813ae92b0c0e1a0/?vgnextoid=f4efc0d74f289210VgnVCM1000008d0c1e0aRCRD& vgnextchannel=f4efc0d74f289210VgnVCM1000008d0c1e0aRCRD&vgnextfmt= default. Debt and distribution of assets 165
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The Economy of Catalonia Questions
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Oriol Amat, Núria Bosch, Antoni Ca
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Contents Preface to the English Edi
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Preface to the English edition This
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Preface (Translated by Jordi Vilano
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Introduction (Translated by Jordi V
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1 The position of an independent Ca
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United States such as Massachusetts
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2010, Catalonia was in 64th place o
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fact, this combination of factors a
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ilar population to Catalonia and sh
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ence in emerging markets, especiall
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fact, the high proportion of multin
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egion in volume of inward investmen
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mega-regions towards sustainability
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also be confronted with the paradox
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the reasons that are emerging for a
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This 47.1% signifies a considerable
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2005 2006 2007 2008 2009 2010 Estim
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and there would be no need for cuts
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centage of freight between Spain an
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to prevent Spain’s point-blank re
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) The effects on markets, especiall
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speak of the coefficient of central
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Bibliographical references Amat, O.
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Rodríguez Mora, J. V. (2012) «Por
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For the purposes of economic analys
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It should also be recalled that the
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The reasons for regional economic i
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their mind» about European integra
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the Copenhagen criteria, which esta
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in the European Economic Area, whic
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ing the status of member of the Uni
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3.2. In or out of the European Unio
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were to veto the request, experts e
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In November 2012, Granell expressed
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-The regulatory fragmentation that
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would have to find alternative solu
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economic shocks, any one of which,
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In my opinion, an impartial reading
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4 In or out of the euro 4.1. An ind
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Analysis of possible scenarios Scen
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official currency and financial ins
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nisms and the European interbank pa
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arising from the integration of a h
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4.2. In or out ofthe euro: certaint
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prevent or limit damage to the mult
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Let me make a short comment on the
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context of a Spain that leaves the
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Col·lectiu Wilson (2012) «Europe,
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termediation, which is performed by
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The Catalan financial system The Ca
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Financial institutions with headqua
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• The bank was put up for auction
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had risen by 16.3%, staff had been
Page 116 and 117: go to Brussels and say that they ha
Page 118 and 119: Appendix This article is complement
Page 120 and 121: The Catalan Public Sector in the Eu
Page 122 and 123: 20% 18% 18.8% 16% 16.2% 15.5% 13.6%
Page 124 and 125: 9% 8% 7.9% 7% 6.5% 6.4% 6.2% 5.8% 5
Page 126 and 127: It is very obvious that Madrid has
Page 128 and 129: Spain Catalonia Generalitat Variati
Page 130 and 131: - Armed Forces: in the form of army
Page 132 and 133: Pérez, F. (DIR), Cucarella, V. and
Page 134 and 135: and to the private sector. Another
Page 136 and 137: 2006 2007 2008 2009 Direct taxes 17
Page 138 and 139: method, that is to say, the expense
Page 140 and 141: itory. The same applies to the prog
Page 142 and 143: 2006 2007 2008 2009 Spanish State e
Page 144 and 145: e obtained. Table 3 shows that the
Page 146 and 147: with the EU in the period 2007-2013
Page 149 and 150: 8 Debt and distribution of assets 2
Page 151 and 152: this study. The difference between
Page 153 and 154: the State’s property and debts on
Page 155 and 156: It may be asked whether the new Cat
Page 157 and 158: The main source of International La
Page 159 and 160: Principles of distribution of asset
Page 161 and 162: Immovable property of the State con
Page 163 and 164: Social Security Reserve Fund On con
Page 165: Investments according to Additional
Page 169 and 170: Possible negotiation scenarios What
Page 171 and 172: Even if it were only possible to ev
Page 173 and 174: States that form part of 21st-centu
Page 175: Spanish Royal Decree 496/1987, of 1
Page 178 and 179: Social Security contributions, pens
Page 180 and 181: ury and its managing agencies (auto
Page 182 and 183: citizens tend to join the labour ma
Page 184 and 185: in the economic, social and cultura
Page 186 and 187: declaration of independence, the bo
Page 188 and 189: oycott would have a more pronounced
Page 190 and 191: the will of the people. The great m
Page 192 and 193: Guinjoan, M. and Cuadras, X. (2011)
Page 194 and 195: Denmark, Finland, Austria, the Neth
Page 196 and 197: 2012 Company Sector Sales (€m) 1
Page 198 and 199: Export companies There were 43,176
Page 200 and 201: Spain, and appreciably more than th
Page 202 and 203: Conclusions After considering how c
Page 204 and 205: likely to be in the firing line are
Page 206 and 207: IDESCAT (2013), based on data from
Page 208 and 209: the sample represents 20.8% of its
Page 210 and 211: No opinion Increase the centralisat
Page 212 and 213: sioners, business people and/or the
Page 214 and 215: Impact on the Catalan economy In th
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alternative. This is not supported
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More specifically, 94.6% of pension
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37.8% 57.8% 4.4% Yes No opinion No
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fessionally and 47.8% believe it wo
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13 Conclusions: economic certaintie
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having less potential and less per
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Catalonia had been an independent S
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ands and a declining proportion of
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Anton Gasol. Doctor of Economics, f
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The Economy of Catalonia

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