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 /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (69 pages).
Language:English
Series:IMF country report ; no. 11/215
IMF country report ; no. 11/215.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499447
Hidden Bibliographic Details
Varying Form of Title:Spain, staff report for the 2011 Article IV consultation
Other authors / contributors:International Monetary Fund.
ISBN:1283558408
9781283558402
9781463900038
1463900031
9781462340552
1462340555
9781463900045
146390004X
Notes:"July 2011."
Online resource; title from PDF title page (IMF Web site, viewed September 29, 2011).
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.
Other form:Print version: International Monetary Fund. 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. Washington, District of Columbia : International Monetary Fund, c2011 approximately 70 pages IMF country report ; Number 11/215. 9781462340552
Table of Contents:
  • Cover; Contents; I. Context: Navigating the Storm; II. Recent Developments: A Weak Recovery; Boxes; 1. Savings Bank Reform; 2. How Much Has Spain's Private Sector Rebalanced?; 3. Spain's International Investment Position; III. Outlook: A Modest Cyclical Recovery Amidst Headwinds and Tail Risks; 4. The Potential Size of Negative Spillovers from Spain; IV. Policy Agenda: Enhancing Market Confidence and Moving to a New Growth Model; A. Financial Sector: Completing the Reforms; B. Fiscal Policy: Achieving the Ambitious Consolidation Targets and Beyond; 5. Pension Reform.
  • C. Labor: Bolder Reform NeededD. Other Structural Reforms for the New Growth Model; V. Staff Appraisal; Figures; 1. Comparitive Indicators; 2. Financial Sector Indicators (I); 3. Financial Sector Indicators (II); 4. National Accounts; 5. High Frequency Indicators; 6. Labor Market Indicators; 7. Inflation; 8. Fiscal Developments 1995-2010; 9. Balance of Payments; 10. A Weak Recovery; 11. Labor Markets; 12. Competitiveness; 13. Product Market Reform; Tables; 1. Main Economic Indicators; 2. Selected Financial Soundness Indicators; 3. Financial Soundness Indicators of the Non-banking Sectors.
  • 4. General Government Operations5. General Government: Balance Sheet; 6. Balance of Payments; 7. International Investment Position, 2004-2010; Annex: 1. Fiscal and External Sustainability; Contents; Appendices; I. Fund Relations; II. Statistical Issues.