Spain: Staff Report for the 2014 Article IV Consultation
IMF Staff Country Reports, July 10, 2014
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- Spain: Staff Report for the 2014 Article IV Consultation
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Bibliographic details
- Published: July 10, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498348157.002
Macroeconomic assessment and trends
- Economic growth in Spain has resumed.
- Unemployment is falling.
- Exporters are gaining market share.
- The current account is in surplus for the first time in decades.
- Financial conditions have improved sharply, with sovereign yields at record lows.
- Business investment is rebounding strongly.
- Private consumption has started to recover owing to improved employment prospects and rising confidence.
Policy discussion and Executive Directors' conclusions
- Executive Directors have welcomed the improving Spanish economy.
- Executive Directors stressed that labor market reform should be accompanied by product and service market liberalization to maximize the gains to growth and jobs.
Publication and metadata (as provided)
- Publication date: July 10, 2014
- Pages: 78
- Volume: 2014
- Issue: 192
- Series: Country Report No. 2014/192
- DOI: https://doi.org/10.5089/9781498348157.002
- Stock No: 1ESPEA2014002
- ISBN: 9781498348157
- ISSN: 1934-7685
- Subject: Corporate income tax, Employment, Labor, Labor markets, Taxes, Unemployment, Wages
- Keywords: committee's recommendation, Corporate income tax, CR, Employment, Europe, Global, government, government tax Reform Proposa, government Tax Reform Proposal, increase VAT, ISCR, Labor markets, rate, trend productivity growth, Unemployment, vis nonresident, Wages
International Monetary Fund. Spain: Staff Report for the 2014 Article IV Consultation (IMF Staff Country Reports 2014, 192).