The 2010 edition of OECD's periodic survey of Spain's economy. This edition includes chapters covering rebalancing the economy, restoring fiscal sustainability, reforming the labour market, and policies towards sustainable use of water.
Table of contents:
Basic Statistics of Spain (2009) Executive summary Assessment and recommendations Chapter 1. Rebalancing the economy -A cyclical downturn severely hit by the global crisis -Spain has started rebalancing its economy -Difficulties in the banking sector have been confined to some savings banks -Annex 1.A1. Cost efficiency of Spanish banks: A Stochastic frontier analysis -Annex 1.A2. Progress in structural reforms Chapter 2. Restoring fiscal sustainability -Spain faces significant fiscal challenges -A structural deterioration of public finances -Achieving rapid fiscal consolidation while mitigating its impact on growth -Policies towards a sustainable fiscal consolidation -Annex 2.A1. The public pension system and recent reforms Chapter 3. Reforming the labour market -The Spanish labour market in the crisis -Reducing duality in the labour market -Reforming the collective bargaining system -Improving the employability of the young and the unskilled -Improving the effectiveness of the matching process -The need for a comprehensive reform package Chapter 4. Policies towards a sustainable use of water -Water resources are intensively exploited -Patterns of water demand -Characteristics of the institutional framework Glossary