OECD economic surveys. Spain 2018.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Series:

OECD Economic surveys (Series)

Language:

English

Subjects (All):

Economic development--Spain.

Economic development.

Spain--Economic policy.

Spain.

Spain--Economic conditions.

Physical Description:

1 online resource (138 pages).

Place of Publication:

Paris : OECD Publishing, [2018]

Summary:

The Spanish economy continues its strong growth, thanks to past structural reforms, robust employment growth and accommodative macroeconomic policies. However, the legacy of the crisis has not yet been fully overcome and imbalances remain.

Contents:

Intro

Basic Statistics of Spain, 2017

Executive Summary

Key Policy Insights

Recent macroeconomic developments and short-term prospects

The recovery has been robust and balanced

Growth is set to continue, but at a slower pace

Strengthening the financial system's resilience to new challenges

Fiscal policy to manage medium-term sustainability risks

Fiscal vulnerabilities need to be addressed

Addressing spending pressures from demographic challenges is crucial

Addressing medium-term challenges to well-being

Income and wealth inequality should be further reduced Using the tax and transfer system more efficiently and progressively

Addressing remaining challenges in labour markets

Improving education and skills

Reducing child poverty

There is room to make growth greener

Boosting productivity and trade

There is room to increase internationalisation further

Removing barriers to firm growth will help increase internationalisation

Boosting competition and reducing regulatory barriers

Improving public procurement

Fostering innovation

Migration can facilitate trade

Annex. Progress in main structural reforms

Thematic Chapter Chapter 1. Reducing regional disparities for inclusive growth

Challenges for lagging regions

Regional disparities in well-being are more pronounced than disparities in income

Regional dispersion in labour market outcomes is high

Low skills can be a barrier to growth in lagging regions

Low productivity growth also contributes to regional disparities

Barriers to economies of scale can hold back productivity growth of regions and firms

Lack of an environment conducive to productivity growth in lagging regions

Addressing regional disparities in labour market outcomes Improving the employability of low-skilled unemployed

Boosting labour mobility

Better integrating labour market and social policies

Making housing more flexible and affordable

Lowering regional disparities in education outcomes

Improving the adaptability of workers through lifelong learning

Ensuring a better matching of skills with labour market needs

Training vouchers

Vocational education and training

Boosting digital skills

Raising the overall level of basic skills and increasing equality of opportunity

Boosting productivity and firm dynamism across regions Reducing regulatory differences

Raising the ability of regions to benefit from spillovers

Improving allocation of resources

Enhancing innovation performance

Boosting international spillovers

Getting the most out of decentralisation

Improving evaluation, coordination and sharing of best practices

Strengthening the fiscal framework and rules

High degree of fiscal decentralisation

Reforming the regional financing system

Improving fiscal rules

.

Notes:

Description based on print version record.

ISBN:

9789264308558

9264308555

OCLC:

1225555044