Spanish English    PUBLIC ECONOMY AND TAXATION homeResearch areas Economy area Public Economy and Taxation Public Economy and Taxation Two lines of research are contemplated under this section: on the one hand, Taxation and, on the other, Public Economy and Welfare. The objective of Funcas Taxation studies is its rigorous analysis and its impact on the economic environment in general, paying special attention to the Spanish tax situation. For this, this unit develops and promotes the study, both theoretical and applied, of tax issues and their impact on economic reality. In this sense, it is a platform from which quick answers are offered, with agility and rigor, to the questions that are usually posed in the study of tax reforms, present or future - tax collection impact, distributional effects, efficiency costs, social welfare -. On the other hand, comparative analyzes of the Spanish economic reality with respect to neighboring countries are also offered in order to identify weaknesses, inefficiencies and proposals for improvement. Research on Public Expenditure, Economic Regulation and Welfare aims to promote and develop the analysis of public sector intervention in market economies, with special attention to the set of actions that make up the social welfare system, taking as the main reference the Spanish and European reality. The work program therefore includes aspects related to the regulation of markets, the finances of public administrations and, in particular, the examination of the objectives and instruments of social policy, their consequences on economic growth and the social cohesion, and relationships between the public, private and non-profit sectors. Highlights Article Spain's recent performance implementing the recovery funds and outlook for 2022 Date: December 2021 Cantalapiedra López, César; Domínguez, Ana María Nextgen EU Spain is set to received 140 billion euros as part of the Next Generation EU funds to facilitate the country’s recovery from the COVID-19 crisis, with a focus on the green and digital transitions. So far, progress on executing plans to use these funds has been uneven, with investments and reforms expected to ramp up in 2022. Artículo Spain’s budget for 2022: An assessment Fecha: diciembre 2021 Blasco, Ignacio; Manzano, Daniel; Milner, Aitor Insurance sector Spain’s state budget for 2022 includes forecasts that appear markedly optimistic in comparison to other institutions’ estimates. Despite this, an increase in structural spending is likely, which casts doubt on the government’s ability to meet its deficit reduction targets. Artículo Social Security budget for 2022: Short-term state support yet a need for structural reform Fecha: diciembre 2021 Bandrés, Eduardo Social Security Budget Thanks to the increase in contributions, the Social Security deficit is projected to fall to 0.5% in 2022. However, the long-term sustainability of Spain’s Social Security will require action on both the expenditure and revenue side that goes beyond recent initiatives. Artículo Fiscal imbalances in Spain: Progress and risks Fecha: diciembre 2021 Lago Peñas, Santiago Fiscal imbalance Spain’s 2020 deficit came in better than expected, with analysts’ projections for 2021 more favourable than current government estimates. That said, risks relating to an ageing society, an entrenched structural deficit, and a permanent increase in spending mean Spain requires a credible fiscal consolidation plan. Ver todos RESEARCH AREAS Financial and digitization area Economy area Public Economy and Taxation Taxation Public spending and economic regulation Wellness Markets, regulation and competition OFEI Sector studies Energy and environment Health economics and politics Macroeconomy International trade and economics Employment, human capital and education Regional and urban economy Social area FUNCAS Think tank dedicated to economic and social research CONTACT C / Caballero de Gracia, 28 | 28013 Madrid, Spain +34 91 596 57 18 | funcas@funcas.es FOLLOW US Legal warning | Privacy Policy | Cookies policy | Web map | Contact We use our own and third-party cookies to improve our services and compile statistical information. By clicking on "Accept" or if you continue browsing, you accept their use. To accept