| Title: | The economics of secession: a review of legal, theoretical, and empirical aspects (2018) |
| Authors: | Thierry Madiès, Author ; Grégoire Rota-Graziosi, Author ; Jean-Pierre Tranchant, Author ; Cyril Trépier, Author |
| In : | Swiss Journal of Economics and Statistics (vol.154 n°1, 2018-12) |
| Languages: | English |
| Descriptors: |
[Eurovoc] ECONOMICS > economic analysis > economic analysis [Eurovoc] GEOGRAPHY > regions of EU Member States > regions of Spain > Catalonia [Eurovoc] GEOGRAPHY > regions of EU Member States > regions of the United Kingdom > Scotland [Eurovoc] POLITICS > executive power and public service > administrative structures > decentralisation [Eurovoc] POLITICS > executive power and public service > executive body > governance [Eurovoc] POLITICS > politics and public safety > politics > political crisis [Eurovoc] POLITICS > politics and public safety > trends of opinion > autonomous movement |
| Tags: | secession |
| Abstract: | The aim of this paper is to present a review of the legal, theoretical, and empirical aspects of secessions from an economic perspective. This survey provides interesting insights into recent events such as the Brexit and the threat of secession made for instance by Scotland and Catalonia. International law does not grant a general right to secede, nor does it forbid secession. Furthermore, there are several modalities of secessions, which turn out to be important for new states that want to get an international recognition. For its part, the economic theory shows that the decision for a region to remain in a country (or a union) or to secede eventually results from a trade-off between the benefits of being part of a large country, on the one hand, and the costs often associated to more heterogeneity, on the other hand. The latter are generally more important for those regions which are “far away” from the central (federal) government. Empirical literature confirms the importance of these trade-offs and shows that decentralization may be effective to accommodate secessionist conflicts only if certain conditions are fulfilled. |
| Doi : |
DOI : 10.1186/s41937-017-0015-6 
|
| Axe de recherche : | Intégration des pays en développement dans l'économie mondialisée |
| Link for e-copy: | https://hal.archives-ouvertes.fr/hal-01816827 |
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