IMF Staff Country Reports

Spain: Selected Issues

April 2, 2004

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Spain: Selected Issues, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

Spain has experienced income convergence consistently in the past decade, despite gradual losses in competitiveness. The empirical evidence indicates that overall EU enlargement offers a range of opportunities for Spain, points to potential pressures in specific sectors, and offers challenges, and tackling the challenges requires a flexible economy. The pattern of Spanish exports is dominated by its off-center location in the Southern part of the EU. Geographical location also plays a central role in determining the origin of foreign direct investment (FDI) flows to Spain.

Subject: Agroindustries, Balance of payments, Economic sectors, Exports, Foreign direct investment, Imports, International trade, Migration, Population and demographics

Keywords: Agroindustries, CR, Eastern Europe, EU Cohesion policy, EU country, EU enlargement, EU import, EU membership, EU trade effect, Europe, Exports, Foreign direct investment, Imports, ISCR, Migration, Per capita income, Southern Europe, Trade creation

Publication Details

  • Pages:

    45

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/090

  • Stock No:

    1ESPEA0022004

  • ISBN:

    9781451812107

  • ISSN:

    1934-7685