Spain in the EC: monetary stability versus economic growth?

José Folgado Blanco

Chapter 8 in Improving Economic and Social Cohesion in the European Community, 1994, pp 115-127 from Palgrave Macmillan

Abstract: Abstract The question in the title of this chapter is of great importance, for two reasons. First, the Spanish economy experienced intense growth in the 1980s, but did so following a huge expansion in internal demand, which only heightened the conflict between stability and growth. This problem must now be resolved if Spaniards are to look forward to a more promising future. Second, the Spanish government recently presented its convergence programme for the next four years. This plan outlined a strategy with the dual objective of meeting the commitments of Maastricht, which aim primarily at stability, and maintaining the domestic economic expansion, which will make it possible to reduce the level-of-development gap of about 20% between Spain and the European Community average.

Keywords: Monetary Policy; Fiscal Policy; Social Cohesion; Public Spending; Social Consensus (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23438-7_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349234387

DOI: 10.1007/978-1-349-23438-7_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().