IMF Staff Country Reports

Spain: Selected Issues

Publication Date:

April 2, 2004

Electronic Access:

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Summary:

Spain has experienced income convergence consistently in the past decade, despite gradual losses in competitiveness. The empirical evidence indicates that overall EU enlargement offers a range of opportunities for Spain, points to potential pressures in specific sectors, and offers challenges, and tackling the challenges requires a flexible economy. The pattern of Spanish exports is dominated by its off-center location in the Southern part of the EU. Geographical location also plays a central role in determining the origin of foreign direct investment (FDI) flows to Spain.

Series:

Country Report No. 2004/090

Subject:

Agroindustries Balance of payments Economic sectors Exports Foreign direct investment Imports International trade Migration Population and demographics