Introduction
I. Domestic trends
-Demand and output
-Labour market
-Prices and incomes
-Wage rigidity as a factor of inflation
II. External transactions
-Current balance
-Capital movements
-Exchange rates
-Medium-term trend of competitiveness
III. Economic policy
-Monetary policy
-Fiscal policy and public finance
-Other economic policy measures
-New medium-term strategies
IV. Short-term forecasts and economic policy conclusions
-Short-term forecasts
-Main uncertainties
-Economic policy conclusions
Annex: Chronology of main economic policy measures, 1980-1981
Statistical annex