Spain : Staff Report for the 2011 Article IV Consultation; Public Information Notice; Statement by the Staff Representative; and Statement by the Executive Director for Spain.

Author/Editor:

International Monetary Fund

Publication Date:

July 29, 2011

Electronic Access:

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Summary:

A decade of strong expansion in the Spanish economy led by a credit-fueled housing boom was hit by three major shocks. The policy response to Spain’s economic challenges has been strong and wide-ranging, helping to strengthen market confidence. A decisive implementation of the envisaged financial sector reform strategy would help allay lingering market concerns. A bold strengthening of labor market reforms is needed to substantially reduce unacceptably high unemployment. Further progress needs to be made on enhancing competition in nontradable sectors.

Series:

Country Report No. 11/215

Subject:

English

Publication Date:

July 29, 2011

ISBN/ISSN:

9781462340552/1934-7685

Stock No:

1ESPEA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

69

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