Spanish fiscal decentralization: A successful (but still unfinished) process

Both fiscal and political decentralization have been a worldwide trend in recent decades. Spain is probably the best example of this evolution, insofar as it became one of the most decentralized countries in the world in just over three decades, departing for a highly centralized institutional frame...

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Detalles Bibliográficos
Autores: Lago Peñas, Santiago, Fernández Leiceaga, Xoaquín María, Vaquero García, Alberto
Tipo de recurso: artículo
Fecha de publicación:2017
País:España
Institución:Universidad de Santiago de Compostela (USC)
Repositorio:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
Idioma:inglés
OAI Identifier:oai:minerva.usc.gal:10347/38884
Acceso en línea:https://hdl.handle.net/10347/38884
Access Level:acceso abierto
Palabra clave:Fiscal federalism
Decentralization
Fiscal stability
Intergovernmental relations
Spain
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spelling Spanish fiscal decentralization: A successful (but still unfinished) processLago Peñas, SantiagoFernández Leiceaga, Xoaquín MaríaVaquero García, AlbertoFiscal federalismDecentralizationFiscal stabilityIntergovernmental relationsSpainBoth fiscal and political decentralization have been a worldwide trend in recent decades. Spain is probably the best example of this evolution, insofar as it became one of the most decentralized countries in the world in just over three decades, departing for a highly centralized institutional framework. This paper aims to conduct a detailed analysis of this process, focusing on the fiscal aspects. While we show the successful aspects, we also point out its shortcomings and failures. Those lessons from Spain can be very useful for centralized or low decentralized countries involved in designing institutional reforms to become more decentralized. Our second aim is to review the way in which the Spanish sub-central levels of government have responded to the so-called “Great recession”. Again, Spain is a good laboratory for what actually works and what does not in the area of stability and fiscal sustainability in decentralized states, for two reasons. First, it is by far the country which has suffered the brunt of the economic and financial crisis most acutely among those with a federal structure. And second, subsequent different solutions for tackling the fiscal crisis of sub-central governments have been tested.SAGE PublicationsUniversidade de Santiago de Compostela. Departamento de Economía Aplicada20172017-01-0120172017-01-01journal articlehttp://purl.org/coar/resource_type/c_6501AMhttp://purl.org/coar/version/c_ab4af688f83e57aainfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/10347/38884reponame:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostelainstname:Universidad de Santiago de Compostela (USC)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Attribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:minerva.usc.gal:10347/388842026-06-15T12:47:27Z
dc.title.none.fl_str_mv Spanish fiscal decentralization: A successful (but still unfinished) process
title Spanish fiscal decentralization: A successful (but still unfinished) process
spellingShingle Spanish fiscal decentralization: A successful (but still unfinished) process
Lago Peñas, Santiago
Fiscal federalism
Decentralization
Fiscal stability
Intergovernmental relations
Spain
title_short Spanish fiscal decentralization: A successful (but still unfinished) process
title_full Spanish fiscal decentralization: A successful (but still unfinished) process
title_fullStr Spanish fiscal decentralization: A successful (but still unfinished) process
title_full_unstemmed Spanish fiscal decentralization: A successful (but still unfinished) process
title_sort Spanish fiscal decentralization: A successful (but still unfinished) process
dc.creator.none.fl_str_mv Lago Peñas, Santiago
Fernández Leiceaga, Xoaquín María
Vaquero García, Alberto
author Lago Peñas, Santiago
author_facet Lago Peñas, Santiago
Fernández Leiceaga, Xoaquín María
Vaquero García, Alberto
author_role author
author2 Fernández Leiceaga, Xoaquín María
Vaquero García, Alberto
author2_role author
author
dc.contributor.none.fl_str_mv Universidade de Santiago de Compostela. Departamento de Economía Aplicada
dc.subject.none.fl_str_mv Fiscal federalism
Decentralization
Fiscal stability
Intergovernmental relations
Spain
topic Fiscal federalism
Decentralization
Fiscal stability
Intergovernmental relations
Spain
description Both fiscal and political decentralization have been a worldwide trend in recent decades. Spain is probably the best example of this evolution, insofar as it became one of the most decentralized countries in the world in just over three decades, departing for a highly centralized institutional framework. This paper aims to conduct a detailed analysis of this process, focusing on the fiscal aspects. While we show the successful aspects, we also point out its shortcomings and failures. Those lessons from Spain can be very useful for centralized or low decentralized countries involved in designing institutional reforms to become more decentralized. Our second aim is to review the way in which the Spanish sub-central levels of government have responded to the so-called “Great recession”. Again, Spain is a good laboratory for what actually works and what does not in the area of stability and fiscal sustainability in decentralized states, for two reasons. First, it is by far the country which has suffered the brunt of the economic and financial crisis most acutely among those with a federal structure. And second, subsequent different solutions for tackling the fiscal crisis of sub-central governments have been tested.
publishDate 2017
dc.date.none.fl_str_mv 2017
2017-01-01
2017
2017-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
AM
http://purl.org/coar/version/c_ab4af688f83e57aa
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/10347/38884
url https://hdl.handle.net/10347/38884
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 International
http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 International
http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv SAGE Publications
publisher.none.fl_str_mv SAGE Publications
dc.source.none.fl_str_mv reponame:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
instname:Universidad de Santiago de Compostela (USC)
instname_str Universidad de Santiago de Compostela (USC)
reponame_str Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
collection Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
repository.name.fl_str_mv
repository.mail.fl_str_mv
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