Jacint Jordana

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    Making regulatory agencies independent is not always a recipe for better decision-making

Making regulatory agencies independent is not always a recipe for better decision-making

The principle of making certain bodies independent from government, such as regulatory agencies or central banks, has become popular in a number of contexts over recent decades. As Jacint Jordana and Guillermo Rosas write, the basic assumption underpinning the principle is that electoral pressures can have a negative effect on decision-making in certain policy areas. However, using evidence from […]

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Public spending cuts in Spain have been more severe in those areas under the control of regional governments

Spain has pursued an austerity programme as part of its response to the financial crisis. Jacint Jordana compares spending cuts in areas under the control of regional governments, including the bulk of health and education spending, with areas controlled at the national level, such as pensions and welfare. He argues that due to a 2009 law on decentralised public finances, […]

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