Spain: Staff Report for the 2001 Article IV Consultation

International Monetary Fund

No 2002/053, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2001 Article IV Consultation highlights that the economy of Spain grew by more than 4 percent annually during 1997–2000—reflecting strong consumption, competitive exports, wage moderation, and supply conditions enhanced by structural reforms. Annualized real GDP growth was about 2 percent in the third quarter of 2001, compared with 2.5 percent and 3 percent, respectively, in the second and first quarters. Industrial production has been decreasing during most of 2001, and in November stood about 1 percent lower than a year before.

Keywords: ISCR; CR; November data; government; General government debt; November; debt; December data; exchange rate; job creation; indexation clause; framework wage agreement; Employment; Labor markets; Wages; Labor market reforms; Global; Europe (search for similar items in EconPapers)
Pages: 56
Date: 2002-03-13
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