Spain: Selected Background Issues

International Monetary Fund

No 1995/039, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Background Issues paper examines different aspects of the social security system in Spain. The paper describes the role of this system in the process of consolidating the government finances in the short- and medium-term, and to present possible measures to address the policy challenges of the longer term. An analysis of the finances of the social security system is presented. The paper provides a description of the main features of the pension system and projections of its financial situation in the long term.

Keywords: ISCR; CR; wage; severance pay; unemployment compensation; labor market rigidity; expenditure measure; labor market; Health care spending; Pension spending; Pensions; Labor markets; Inflation; Europe; Global (search for similar items in EconPapers)
Pages: 119
Date: 1995-05-16
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