An independent Catalonia would be economically feasible

That is the conclusion of the reports commissioned by the CatDem foundation. As part of a general study on Catalonia's present national transition, the CatDem Foundation has put together three reports that analyze the economic feasibility of an independent Catalonia. These documents closely analyze all the possible consequences to the Catalan economy if it were to become an independent state. The reports focus on three different areas.

The first report is titled Feasibility of Catalonia as a state. Analysis of public funds by Núria Bosch and Marta Espasa. Núria Bosch is a tenured professor of public finance at the University of Barcelona, and Marta Espasa is a professor in the Department of Public Economics at the same university.

Also, the study analyzes the feasibility of Catalonia as a state from the perspective of public funds. The study calculates how the Catalan government’s public accounts would be affected in the case of independence. In order to do so the authors calculated the level of public spending that would be needed to cover the institutional powers that currently belong to the Spanish state.

The main conclusion of the report is that an independent Catalonia would gain between 922 million euros (based on data from 2009) and 21,071 million euros (with data from 2007). In addition, an independent Catalonia would situate itself 9% above the average of the EU-15 regarding GDP per capita.