Instruments of Regional Policy in Spain

Authors

  • Aleksander Nikolayevich Zakharov Moscow State Institute of International Relations (University) MFA Russia
  • Kristina Semyonovna Seredinskaya Moscow State Institute of International Relations (University) MFA Russia

Keywords:

Spain, Constitution, EU, Cohesion Policy, autonomy, regional incentive, Royal Decree, Directive, Interterritorial Compensation Fund, Regional State Aid, Complementary Fund

Abstract

In the article, the main instruments of the regional policy in Spain are considered. Spain is a country of great disproportions among its regions; besides, it suffers from strong centrifugal forces. That is why regional policy is essential for Spain. Being a member of the European Union, Spain is also a beneficiary of the EU Cohesion Policy. However, this article focuses on the measures that are taken by the Spanish national government. By the end of the Francoist period, transition to democracy and adoption of Spanish Constitution in 1978, where Spain was referred to as the state of autonomies, the basic principles of its regional policy were established. Spain had to create a new model of cooperation between the center and autonomies that could satisfy the needs of all parties.

Author Biographies

Aleksander Nikolayevich Zakharov, Moscow State Institute of International Relations (University) MFA Russia

Doctor of Economic Sciences, Professor
Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of World Economy, Professor

Kristina Semyonovna Seredinskaya, Moscow State Institute of International Relations (University) MFA Russia

Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of World Economy, Competitor

Published

2024-02-08

How to Cite

Zakharov, A. N., & Seredinskaya, K. S. (2024). Instruments of Regional Policy in Spain. Russian Foreign Economic Journal, (12), 33–42. Retrieved from https://journal.vavt.ru/rfej/article/view/866

Issue

Section

World economy

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