For Wales Don’t (Always) See Scotland: Adjusting the Welsh Block Grant after Tax Devolution First Report on the 2016-17 Fiscal Framework Negotiations for Wales October 2016 1 WALES GOVERNANCE CENTRE AT CARDIFF UNIVERSITY AND THE INSTITUTE FOR FISCAL STUDIES Wales Governance Centre at Cardiff University Pierhead Building Cardiff Bay CF99 1NA Email:
[email protected] Web: http://sites.cardiff.ac.uk/wgc/ Institute for Fiscal Studies 7 Ridgmount Street London WC1E 7AE Email:
[email protected] Web: https://www.ifs.org.uk/ About us The Wales Governance Centre is a research centre that forms part of Cardiff University’s School of Law and Politics undertaking innovative research into all aspects of the law, politics, government and political economy of Wales, as well the wider UK and European contexts of territorial governance. A key objective of the Centre is to facilitate and encourage informed public debate of key developments in Welsh governance not only through its research, but also through events and postgraduate teaching. The Institute for Fiscal Studies (IFS) is Britain’s leading microeconomic research institute. Its research remit is one of the broadest in public policy analysis, covering subject from tax and benefits to education policy, from labour supply to corporate taxation, and from international development to devolution in the UK. The Institute is committed to rigorous, independent policy analysis and research. All statements in publications by IFS authors (and co-authors from other organisations) are the opinion of those authors; the IFS has no corporate views. Funding from the ESRC via the Centre for the Microeconomic Analysis of Public Policy (Grant No.