Frequency: Every 18 months
Electronic format: Acrobat PDF
This 2008 edition of OECD's periodic survey of Spain's economy examines challenges being faced including that of improving the education system, improving the matching of workers to jobs, and fostering competition in product markets to boost productivity.
Table of contents:
Executive Summary Assessment and Recommendations Chapter 1. Main Challenges, Macroeconomic Developments, and Policies -Recent developments point to a significant cutback in economic growth over several years -Fiscal policy has turned expansionary -The current account deficit largely reflects strong domestic investment -The banks are overall well placed to handle the downturn in residential construction -Better matching of workers to jobs can soften the impact of the downturn and raise the contribution of qualified workers to economic performance -Rising education outcomes could make a bigger contribution to economic performance -Removing regulatory barriers to competition can raise productivity performance -Annex 1.A1. Progress in Structural Reforms Chapter 2. Improving the Matching of Workers to Jobs -Activating the unemployed -Reducing the duality of the labour market -Improving the integration of immigrants -Introducing an in-work benefit to improve jobs prospects for the unskilled and reduce poverty -Lowering the impediments to the geographical mobility of workers in housing policy -Reforming the collective bargaining process Chapter 3. Raising Education Outcomes -Education outcomes -Comprehensive compulsory education in private and public schools helps limit the impact of socio-economic background on learning outcomes -Combating school failure in compulsory education -Raising learning outcomes in primary and secondary education -Framework conditions for the teaching profession need to be improved -Places in childcare are still scarce for those families that need them the most -Financial support to families with children above the compulsory schooling age could be improved -Further reform of the regulatory framework of tertiary education could raise earning prospects -The attractiveness of vocational education can be raised -Annex 3.A1. Basic elements of the Spanish educational system Chapter 4. Fostering Competition in Product Markets to Books Productivity -There is considerable room to strengthen the sectoral regulators -The regulatory framework of the electricity market has been significantly improved -Competition has increased in the market for natural gas -Additional efforts to reduce greenhouse gas emissions are needed -The telecommunications market has become more open to competition -Rail and road freight transport should be opened fully to competition -The postal market has been opened up to competition -Savings banks should be more exposed to market mechanisms -Existing restrictions to retail trade should be dismantled -The regulation of professional services should be revised