Occasional Papers

Spain: Converging with the European Community

Author/Editor:

Gonzalo C Pastor Campos ; Thierry Pujol ; Michel Galy

Publication Date:

January 15, 1993

Summary:

Spain's participation in European integration has strengthened its policymaking credibility and created an enviroment conducive to sustainable economic growth. Over the last decade, Spain has seen improvements in inflation, output, employment, and its balance of payments, and it has substantially reformed its product, labor, and financial markets. This paper reviews Spain's past economic performance and sees good prospects for further rises in living standards

Series:

Occasional Paper No. 1993/001

Subject:

Banking Commercial banks Expenditure Financial institutions Income and capital gains taxes Income tax systems Revenue administration Taxes Total expenditures