Savings banks are caught in a cyclone of reforms that affects more than 30 entities. Throws the balance could now be defined by the words: cut and fit. But this restructuring, in Extremadura seems to have gone unnoticed and that certainly has not been understood, can cause a serious problem within the framework of the Social and civic cohesion work both as an agent for rural development.
To illustrate this point and according to academic criteria as set out in Universia Business Review by authors from the University of Valladolid, in an article entitled 'The social work of the savings: an analysis exploratory ', we observe that the classical division of the type of investment of Social Work and denotes their lines of action and when it is illuminating to understand the importance of the above mentioned boxes.
Culture and Leisure, Health and Social Care, Education and Research and the Historical, Artistic and Natural would be the four main lines of investment. If we refer to specific investment percentages seeking individuals to try to understand the impact that these reforms will have social, academic records say that in particular, culture and social assistance represent their main objective, as it overcomes 60% of the investment. There is therefore a direct link with society. Specifying further, about 30% has been assigned to provide services to the poor. The current situation of persecution of the government deficit, demand more than ever the benefits of social work. It even seems to be the last of the great powers "philanthropic," having given in recent years around 2,000 million euros for this purpose.
Referring in particular to our region, according to Caja de Extremadura, the total investment for the year 2009 exceeded 18 million euros, with investment focusing 52% of total health and social care, counting the numbers of beneficiaries in this group in more than 87,000 and being the figure reflected the total number of beneficiaries of Social Work of this condition in more than half a million people this year. If we quote the example of Caja Badajoz, this time talking about specific works, we might cite the Alzheimer Private Montijo or veteran and Nazareth Home in Badajoz, plus a host of investment in the cultural and educational area.
The spirit of these entities, which finished the fiscal year profits divided into three main parts: bank reserves, taxes and Social Work, ruling so far the distribution of dividends, allowed to be kept in philanthropic work as the main focus of its existence. However following the phenomenon of bank-imposed adjustment measures, which allow entry of private shareholders, will begin a process of cuts in social investment as inherent in the system above the corporate interests subject to income and fair compensation to shareholders. Again placing the lens in Extremadura, the reader should reflect on how they affect the volume of Social Work and the regional economic sector, the integration of Caja de Extremadura and Caja Badajoz in two SIP. Prerequisites total investment in our region? Possibly be reduced gradually, adapting to the radicalization of economic paradigms seeking greater competitiveness. Therefore witnessing a masterful execution of the monetarist doctrines: after a hard adjustment to loss, years of hardship and a disproportionate growth again until the next business cycle depression (7-10 years). However, in the next the picture is different: the Social Work thinner, weaker state, the strongest markets and if this continues, the main course: no collective agreement. And I tell you: a tightrope. Lastly
and going back to the official data Extremadura boxes, between the period from 1996 to 2009, overall investment in Social Work has been around for 300 million euros, 50,000 million pesetas have been directly targeted at people seeking higher levels of social welfare. However, we Extremadura silent about the expected decrease in this investment, which would seriously jeopardize our model of rural development. For our hope are the Catalans and the Basques by confidence have managed to maintain some regional institutions and will continue to be benefiting from the opportunities generated in the community have a savings and social commitment.
