Spain: Selected Issues

International Monetary Fund

No 2020/299, IMF Staff Country Reports from International Monetary Fund

Abstract: The COVID-19 pandemic will exacerbate Spain’s already large inclusion gap. Responding in the recovery with policies that support social objectives should be a key priority and calls for several structural changes. This paper summarizes some of the main drivers behind the social dispersion, which pre-dates the COVID-19 crisis, and policy options. The focus is on how to address the fragmented labor market, tackle pressures on rental-housing affordability, and lower the gender pay gap.1, 2

Keywords: ISCR; CR; job loss probability; minimum wage wage earner; minimum-to-median wage ratio; rental price; rental affordability problem; Labor markets; Women; Gender inequality; Minimum wages; Global; Europe (search for similar items in EconPapers)
Pages: 34
Date: 2020-11-13
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