Spain : Staff Report for the 2014 Article IV Consultation.

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 lo...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund. European Dept
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2014.
Collection:IMF Staff Country Reports; Country Report ; No. 2014/192
Accès en ligne:Full text available on IMF
Description
Résumé: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.
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Description matérielle:1 online resource (78 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students