Spain: 2014 Article IV Consultation-Staff Report; Staff Supplement; Press Release; and Statement by the Executive Director for Spain

Publication Date: July 10, 2014
Electronic Access: Free Full text (PDF file size is 8,982KB).
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Summary: This 2014 Article IV Consultation highlights that economic growth in Spain has resumed, and unemployment is falling. Exporters are gaining market share, and 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 and private consumption has also started to recover owing to improved employment prospects and rising confidence. Executive Directors have welcomed the improving Spanish economy. They have stressed that labor market reform should be accompanied by product and service market liberalization to maximize the gains to growth and jobs.
Series: Country Report No. 14/192
Subject(s): Article IV consultation reports | Economic recovery | Fiscal policy | Labor markets | Unemployment | Fiscal reforms | Tax reforms | Banking sector | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Spain

Publication Date: July 10, 2014
ISBN/ISSN: 9781498348157/1934-7685 Format: Paper
Stock No: 1ESPEA2014002 Pages: 78
US$18.00 (Academic Rate:
US$18.00 )
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