COMPARISON BETWEEN THE REGIONAL ECONOMIC FEDERALISM IN BELGIUM AND IN SPAIN,COMPARACION ENTRE EL FEDERALISMO ECONOMICO REGIONAL DE BELGICA Y ESPANA

Marc Martinez Sans, Julien Vandernoot and Giuseppe Pagano

Revista Internacional Administracion & Finanzas, 2014, vol. 7, issue 1, 1-29

Abstract: This work explains the systems of funding from federal regions in Belgium and Spain. A detailed explanation and analysis of the current funding system of the Spanish Autonomous Communities is provided. We also examine the current system of financing of the Belgian Regions in 2009. We provide a comparison between the two systems, which includes the paradox of revenue and the equalizing effect over time. The results obtained indicate that the funding system established in Belgium does not intervene in such a decisive way when it has to distribute resources among regions.

Keywords: Regions’ Financing; Paradox of Revenue; Equalizing Effect; Solidarity between Regions and Tax Federalism (search for similar items in EconPapers)
JEL-codes: D63 H20 H71 H77 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:riafin:v:7:y:2014:i:1:p:1-29

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