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.

Publication Date: July 29, 2011
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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(s): Article IV consultations | Economic conditions | Economic growth | Economic indicators | Economic reforms | External shocks | Financial sector | Fiscal reforms | Staff Reports

Publication Date: July 29, 2011
ISBN/ISSN: 9781462340552/1934-7685 Format: Paper
Stock No: 1ESPEA2011001 Pages: 69
US$18.00 (Academic Rate:
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