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Curated by Project Syndicate

Spanish Ghosts: Catalonia’s Failing Bid for Independence

2 commentaries

Catalonia’s leaders and Spain's government were eyeball to eyeball and Catalonia blinked first; now the Catalan regional government has eight days to drop its independence bid or lose its political autonomy. With Catalan secessionism fueling the worst crisis that Spain has faced since the end of the dictatorship forged by Francisco Franco during the Spanish Civil War, is there anything Spain’s friends and allies can – or should – do to help? 

  • Ana Palacio says the Catalan separatists’ call for international mediation would pose a severe threat to democracy and the rule of law – and not only in Spain.
  • Shlomo Ben-Ami thinks the Catalan cause is lost, because no European country would see any political advantage in facilitating its independence.
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  1. op_meng1_Patrick Pleulpicture alliance via Getty Images_pension Patrick Pleul/picture alliance via Getty Images

    Saving America’s Public Pensions

    Ben Meng

    Although the plight of major US public pension funds is nothing new, the gap between actual and assumed returns is widening faster than ever, owing to today's ultra-low interest rates. But these funds also have inherent advantages that, if used wisely, can place them on a much sounder financial footing.

    explains how struggling institutional investors can meet their goals in today's financial environment.
    1

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