Economic Survey of Spain 2017

Author (Corporate)
Publisher
Series Title
Series Details March 2017
Publication Date March 2017
ISSN 0376-6438
Content Type ,

OECD iLibrary subscribers can access this title through the ESO Source url hyperlink.

Non-subscribers can sometimes access a free access read only version, or read an extended summary of the source, through the ESO related url hyperlinks.The Spanish economy in 2017 was enjoying a robust recovery from a deep recession, with structural reforms contributing to high growth rates and a gradual decline in unemployment. However, further measures to promote innovative business investment and improve skills were needed to both boost productivity and ensure that the benefits of growth reach all Spaniards, according to the OECD Economic Survey of Spain 2017 published in March 2017.

The report said that growth would be above 2% over the 2017-18 period. Prudent fiscal management and a continuation of the reform process could ensure a return to sound public finances coupled with strong balanced growth.

The Survey recognised that the economic crisis had resulted in rising levels of poverty and income inequality. It identified priority areas for making growth more inclusive, including further reductions in unemployment, better poverty reduction policies and improving the quality of jobs through better skills, training and job matching. The report also provided recommendations to make the tax mix more progressive and conducive to job creation, as well as to strengthen the role of the tax transfer system to better address inequalities.

Special feature in this edition: Improving job quality; Innovative business investment

Source Link http://dx.doi.org/10.1787/eco_surveys-esp-2017-en
Related Links
Website: OECD iLibrary http://www.oecd-ilibrary.org/
OECD: Press Release, 14.03.17: Spain: Maintain reform momentum to enhance economic recovery and boost inclusive growth http://www.oecd.org/newsroom/spain-maintain-reform-momentum-to-enhance-economic-recovery-and-boost-inclusive-growth.htm
El País, 15.03.17: OECD praises Spanish recovery but issues alert over rising poverty http://elpais.com/elpais/2017/03/15/inenglish/1489567865_293303.html
OECD: Economic Survey of Spain http://www.oecd.org/spain/economic-survey-spain.htm

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