In:
Nations and Nationalism, Wiley, Vol. 21, No. 1 ( 2015-01), p. 43-61
Abstract:
We propose a game theoretical model to assess the capacity of C atalonia to become a recognised, independent country with at least a de facto E uropean U nion ( EU ) membership. Support for C atalan independence has been increasing for reasons pertaining to identity and economics. S pain can avoid a vote for independence by effectively ‘buying‐out’ a proportion of the C atalan electorate with a funding agreement favourable to C atalonia. If, given the current economic circumstances, the buying‐out strategy is too expensive, a pro‐independence vote is likely to pass. Our model predicts an agreement in which S pain and the EU accommodate C atalan independence in exchange for C atalonia taking a share of the S panish debt. If S pain and the EU do not accommodate, S pain becomes insolvent, which in turn destabilises the EU . The current economic woes of S pain and the EU both contribute to the desire for C atalan independence and make it possible.
Type of Medium:
Online Resource
ISSN:
1354-5078
,
1469-8129
DOI:
10.1111/nana.2015.21.issue-1
Language:
English
Publisher:
Wiley
Publication Date:
2015
detail.hit.zdb_id:
1500007-2
SSG:
3,6
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