This Selected Issues paper analyzes labor market policies and unemployment dynamics in Spain. It provides a brief …

The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a … high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment …

Spain has achieved impressive growth in recent years—reflecting favorable competitiveness, and the impact on interest … since January 1997, but has exceeded the euro area average. Three years of steeply falling unemployment have yet to trigger …

Spain’s economy is facing severe challenges. Financial market tensions increased sharply in the wake of the Greek …

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 …

Spain’s 2007 Article IV Consultation underlies that immediate growth prospects are bright and the central scenario is …

This 2002 Article IV Consultation highlights that Spain experienced a second year of subdued growth in 2002—albeit at a … rate still well above the euro area average. This was largely owing to the relative resilience of Spain’s domestic demand …