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The Economy of Catalonia

the_economy_of_catalonia._questions_and_answers_on_the_economic_impact_of_independence

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fessionally and 47.8% believe it would be positive. On the other hand<br />

the group <strong>of</strong> business people and/or the self-employed shows the highest<br />

percentage <strong>of</strong> negative effects (29.7%).<br />

Finally, based on the place <strong>of</strong> residence, Tarragona has the highest proportion<br />

<strong>of</strong> economists who do not foresee any impact on their pr<strong>of</strong>essional<br />

activity due to the establishment <strong>of</strong> a Catalan State. Members located<br />

in Lleida and Girona are those who most expect positive effects.<br />

Conclusions<br />

This chapter has presented the data from the survey administered to<br />

members <strong>of</strong> the Catalan Association <strong>of</strong> Economists. <strong>The</strong> main conclusions<br />

are as follows:<br />

– Just over half the economists favour an independent State for <strong>Catalonia</strong><br />

as the best option for the future relationship with Spain.<br />

Opinions regarding the alternative to this possibility are divided<br />

between maintaining the State <strong>of</strong> the Autonomous Regions but<br />

with a Fiscal Pact similar to that <strong>of</strong> the Basque Country and a federal<br />

model (19.6% and 19.5% respectively).<br />

– Most economists believe that a Catalan State would find its fit in<br />

the European Union. Half <strong>of</strong> them also consider that it would be<br />

viable outside it with 40.6% thinking it would only be viable as part<br />

<strong>of</strong> it.<br />

– Most economists think that a Catalan State would be economically<br />

viable. <strong>The</strong>y think that, in the short term, there would be a negative<br />

impact, or no impact, on the Catalan economy but, in long<br />

term, the effects would be favourable.<br />

– If there were a Catalan State, a significant proportion <strong>of</strong> the economists<br />

think that the finances <strong>of</strong> the Generalitat <strong>of</strong> <strong>Catalonia</strong> would<br />

improve and its indebtedness /deficit could be reduced more<br />

quickly.<br />

– <strong>The</strong> members think that the existence <strong>of</strong> a Catalan State would speed<br />

up improvement <strong>of</strong> the production model <strong>of</strong> <strong>Catalonia</strong>, but would<br />

cause a boycott by the rest <strong>of</strong> Spain on Catalan products and services.<br />

However, they also think this would be easily surmountable.<br />

220 <strong>The</strong> <strong>Economy</strong> <strong>of</strong> <strong>Catalonia</strong>

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