Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
980291 | Procedia Economics and Finance | 2012 | 7 Pages |
Abstract
This paper studies the Spanish Premial Law applying an economic viewpoint. We reach the conclusion, that during the period studied (1995-2009) there has been a sharp increase in the number of civil order awarded, thus showing a phenomenon of “inflation”. This would imply a devaluation of the supposed merits underlying the awarding, meaning a corruption of the Premial system.
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