Economic Policy of the Separatist Generalitat

Ferran Brunet ()
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Ferran Brunet: Autonomous University of Barcelona

Chapter Chapter 36 in The Economics of Catalan Separatism, 2022, pp 221-228 from Springer

Abstract: Abstract In the context of the Generalitat’s permanent rebellion against the Spanish state, budgetary creativity has, of course, flourished. All kinds of artifice and subterfuge are employed in the separatist Generalitat's income and expenditure budgets to expand them, even when lacking finance. This fiscal-financial engineering has two consequences: the deficit (total expenditure exceeds current income) and the debt (issued to finance the deficit). Let us analyse the Generalitat de Catalunya’s debt:

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-14451-6_36

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DOI: 10.1007/978-3-031-14451-6_36

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