Title 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 / prepared by the staff representatives for the 2011 consultation with Spain, in consultation with other departments

Published Washington, D.C. : International Monetary Fund, ©2011

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Description 1 online resource (69 pages) Series IMF country report ; no. 11/215 IMF country report ; no. 11/215. 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 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 Notes "July 2011." Online resource; title from PDF title page (IMF Web site, viewed September 29, 2011) Subject International Monetary Fund -- Spain SUBJECT International Monetary Fund fast Subject Economic indicators -- Spain Debts, Public -- Spain Debts, External -- Spain Debts, External Debts, Public Economic history Economic indicators Economic policy SUBJECT Spain -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85126049 Spain -- Economic policy Subject Spain Form Electronic book Author International Monetary Fund. ISBN 1283558408 9781283558402 9781463900038 1463900031 9781462340552 1462340555 9781463900045 146390004X

Other Titles Spain, staff report for the 2011 Article IV consultation

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