Spain: Selected Issues

July 10, 2014

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Format: Chicago

Spain: Selected Issues, (USA: International Monetary Fund, 2014) accessed December 23, 2024

Summary

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.

Subject: Asset and liability management, Banking, Debt restructuring, Financial sector policy and analysis, Potential output, Production, Productivity, Social security contributions, Solvency, Taxes

Keywords: Asia and Pacific, Bank, Capital deepening, CR, Creditor, Debt, Debt restructuring, Europe, Global, Insolvency, Insolvency proceeding, Insolvency regime, ISCR, Potential output, Productivity, Productivity growth, Restructuring process, Social security contributions, Solvency, Wage

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/193
Stock No:

1ESPEA2014003
ISBN:

9781498330862
ISSN:

1934-7685

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