The general government in Spain is composed of the State (central) government, the social security system, 17 regional …

This Selected Issues paper analyzes the conduct of fiscal policy in Spain, made topical by the entry into effect of the …

Spain has experienced income convergence consistently in the past decade, despite gradual losses in competitiveness …. The empirical evidence indicates that overall EU enlargement offers a range of opportunities for Spain, points to … plays a central role in determining the origin of foreign direct investment (FDI) flows to Spain …

sustainability in Spain. The first study discusses how best to ensure fiscal discipline at lower levels of government by examining … the institutional setting and mechanisms that make this task particularly challenging in Spain’s highly devolved political … with the fiscal costs of aging in Spain …

This Selected Issues paper analyzes the sources of the persistence of geographical unemployment imbalances and low … speed of adjustment to regional labor demand shocks in Spain. The paper argues that, under present labor market arrangements … to be excessively centralized and to result in nationally set wages that are too high to reduce unemployment in high-unemployment …

Rebalancing in Spain’s private sector is under way, but with more modest progress on reducing stocks. Spain is subject … reforms, such as those recently implemented, of employment protection and collective bargaining could help improve Spain …

This Selected Issues paper quantifies the macroeconomic effects of fiscal policy in Spain, focusing on the external … sector. It describes the stylized facts of the Spanish economy and presents an econometric analysis. It examines Spain … growth implications. It also employs growth accounting and discusses the productivity lag of Spain …