Spain: Selected Issues
IMF Staff Country Reports, November 13, 2020
Source details
- Canonical URL
- Spain: Selected Issues
Other formats
Bibliographic details
- Published: November 13, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513560984.002
Summary
- Publication date: November 13, 2020
- Core message: The COVID-19 pandemic will exacerbate Spain’s already large inclusion gap. Responding in the recovery with policies that support social objectives should be a key priority and calls for several structural changes.
- Primary focus areas:
- Address the fragmented labor market.
- Tackle pressures on rental-housing affordability.
- Lower the gender pay gap.
Key findings and drivers
- The paper summarizes some of the main drivers behind social dispersion, which pre-dates the COVID-19 crisis.
- The COVID-19 shock is expected to worsen existing inclusion challenges rather than create wholly new ones.
- Subject tags provided: Gender, Gender inequality, Labor, Labor markets, Minimum wages, Women.
Policy options and recommendations
- Emphasize recovery policies that support social objectives and reduce dispersion.
- Structural changes are called for to:
- Reform and reduce fragmentation in the labor market.
- Address rental-housing affordability and related pressures.
- Reduce the gender pay gap through targeted measures.
Content in this bundle
- Spain: Selected Issues; IMF Country Report No. 20/299; October 26, 2020