Spain : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Spain

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

October 6, 2017

Electronic Access:

Free Full Text (PDF file size is 1697 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The economic recovery remains strong and balanced. Thanks to past reforms, the economy has become more competitive, flexible and resilient. A dynamic services sector has replaced the outsized construction sector as the engine of growth, the private debt burden is more manageable, and the banking sector is stronger. But challenges remain: public debt and structural unemployment are high, population aging is creating fiscal pressures, and productivity lags that of EU peers. In addition, Spain’s net debtor position with the rest of world is still large, and financial sector adjustments and institutional reforms are yet to be fully completed.

Series:

Country Report No. 17/319

English

Publication Date:

October 6, 2017

ISBN/ISSN:

9781484323632/1934-7685

Stock No:

1ESPEA2017003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

82

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