Laborda, Julio López; Martinez-Vazquez, Jorge; … - International Center for Public Policy, Andrew Young … - 2006
Over the past 25 years when the rapid decentralization was taking place, Spain enjoyed high rates of economic growth …. In 2005, GDP per capita was $ 25,500. Over the same period of 25 years, Spain underwent a considerable increase in tax … average country was collecting in tax revenues 31 percent of GDP. By 2002, Spain had converged to the OECD average with total …