IvieLAB. Analysis of Proposals for Reforming Spain’s Regional Financing System

In addition to the resources allocated through the regional financing system, the central government provides funding to the autonomous communities through a range of earmarked transfers, channelled via agreements and program contracts established within the framework of sectoral conferences or through bilateral arrangements. Accordingly, a second objective of the project is to analyze the available microdata on the Region of Valencia’s position with regard to these earmarked funding streams, assessing whether the resources received in each area are aligned with the region’s underlying indicators of need.

Finally, the study will also examine two additional financing sources that play an important role in supporting regional investment policies: the Interterritorial Compensation Fund (FCI) and European Structural Funds, including the European Regional Development Fund (ERDF), the European Social Fund (ESF), and funds associated with the Common Agricultural Policy (CAP).