Spain Staff Report for the 2003 Article IV Consultation

Although not escaping the global slowdown, the Spanish economy has weathered it relatively well. The discussions focused on minimizing short-term risks and on identifying the structural reform priorities for the next government. However, household indebtedness has continued to rise rapidly, recently...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Public debt 
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653 |a Banks 
653 |a Labour; income economics 
653 |a Employment; Economic theory 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Taxes 
653 |a Deflation 
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653 |a Social security contributions 
653 |a Depository Institutions 
653 |a Inflation 
653 |a Social security 
653 |a Debt Management 
653 |a Housing Supply and Markets 
653 |a Micro Finance Institutions 
653 |a Debt 
653 |a Unemployment 
653 |a Aggregate Human Capital 
653 |a Sovereign Debt 
653 |a Price Level 
653 |a Banks and Banking 
653 |a Prices 
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653 |a Intergenerational Income Distribution 
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520 |a Although not escaping the global slowdown, the Spanish economy has weathered it relatively well. The discussions focused on minimizing short-term risks and on identifying the structural reform priorities for the next government. However, household indebtedness has continued to rise rapidly, recently surpassing the EU average; the authorities viewed the related risks to growth as contained. The discussions also centered on issues of fiscal policy implementation. Although unemployment has been halved since the mid-1990s, it remains high and a number of rigidities persist