Spain

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451999917
Size: 11.89 MB
Format: PDF
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Spain from the Author: International Monetary Fund. The general government in Spain is composed of the State (central) government, the social security system, 17 regional governments, and a very large number of municipalities. Over the last several years, motivated in part by a desire to qualify for participation in Stage 3 of monetary union, the Spanish authorities have achieved impressive fiscal consolidation. Between 1995 and 1999, for example, the deficit of the general government has fallen by 5.5 percent of GDP, from about 6.5 percent to about 1 percent, and the authorities aim at achieving overall fiscal balance next year.

Spain

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1463988729
Size: 56.42 MB
Format: PDF
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Spain from the Author: International Monetary Fund. This Selected Issues paper analyzes the sources of the persistence of geographical unemployment imbalances and low speed of adjustment to regional labor demand shocks in Spain. The paper argues that, under present labor market arrangements, these imbalances are unlikely to be corrected in the near future. In particular, the current wage bargaining system appears to be excessively centralized and to result in nationally set wages that are too high to reduce unemployment in high-unemployment areas. The paper also analyzes the May 1997 labor market reform.

Spain

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1475572794
Size: 76.29 MB
Format: PDF
View: 4743
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Spain from the Author: International Monetary Fund. European Dept.. Spain: Selected Issues

Spain Selected Issues

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 149838398X
Size: 77.54 MB
Format: PDF, Mobi
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Spain Selected Issues from the Author: International Monetary Fund. European Dept.. This Selected Issues paper analyzes Spain’s sustainable growth rate. It sheds some light on Spain’s medium-term growth prospects by looking into the key factors driving potential growth, both in the past and likely in the future, and international experience of countries in the aftermath of financial crisis. The paper suggests Spain is likely to face a long period of moderate growth (about 1½–2 percent) and high unemployment, but policy action—especially that directed toward reducing structural unemployment and raising productivity—could lead to much better outcomes.

Spain

Author:
Publisher:
ISBN:
Size: 59.80 MB
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Spain from the Author: .

Spain

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1452729301
Size: 51.47 MB
Format: PDF, ePub
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Spain from the Author: International Monetary Fund. This Selected Issues paper quantifies the macroeconomic effects of fiscal policy in Spain, focusing on the external sector. It describes the stylized facts of the Spanish economy and presents an econometric analysis. It examines Spain’s growth and productivity performance in relation to a broad sample of peer economies with an emphasis on recent trends and growth implications. It also employs growth accounting and discusses the productivity lag of Spain.

Spain

Author: International Monetary Fund Staff
Publisher:
ISBN: 9780119853360
Size: 26.80 MB
Format: PDF, Docs
View: 4845
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Spain from the Author: International Monetary Fund Staff.