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Here are the economics of a Catalan secession from Spain

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Alfons López Tena was a member of the Catalan Parliament from 2010 to 2012, specializing in clean governance and Catalan independence issues. Elisenda Paluzie is an associate professor of economics and the Dean of the Faculty of Economics at Barcelona University. They gave us permission to run this op-ed. It is difficult to make predictions, especially about a hypothetical future, but the impact of independence on economics –for both the newly created State and what remains of the older– is a foreseeable outcome in the light of more than 150 secessions occurred  in the last hundred years, backlashes and black swans –for better or worse– excluded. First things

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