IMF Staff Country Reports

Spain: Selected Issues

February 17, 2005

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Spain: Selected Issues, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

This Selected Issues paper contains two studies examining key issues for fiscal management and long-term fiscal sustainability in Spain. The first study discusses how best to ensure fiscal discipline at lower levels of government by examining the institutional setting and mechanisms that make this task particularly challenging in Spain’s highly devolved political and fiscal system. The second study seeks to analyze the potential macroeconomic impact of different approaches to deal with the fiscal costs of aging in Spain.

Subject: Aging, Expenditure, Labor, Labor supply, Pension spending, Pensions, Population and demographics

Keywords: Aging, Business cycle, Capital stock, Consumption tax, CR, Europe, Government, ISCR, Labor supply, Labor supply, National government, Pension spending, Pensions, Personal income, Retirement age, Substitution effect

Publication Details

  • Pages:

    77

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/057

  • Stock No:

    1ESPEA2005002

  • ISBN:

    9781451934878

  • ISSN:

    1934-7685