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Spain
			: Converging with the European Community

Spain : Converging with the European Community »

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

DOI: http://dx.doi.org/10.5089/9781557753199.084

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

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 i...

I Introduction

I Introduction »

Source: Spain : Converging with the European Community

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

In the wake of the European single market, Spain can look back on a decade of broad improvements in inflation, output, employment, and the external accounts. Its product, labor, and financial markets are sub...

II Opening Up of the Spanish Economy in the Context of EC Integration

II Opening Up of the Spanish Economy in the Context of EC Integration »

Source: Spain : Converging with the European Community

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

Spain’s EC membership dates back to January 1986. Since then, it has implemented important structural and financial reforms to open up its economy in accordance with EC directives and to meet the challenges...

III Financial Liberalization in Spain

III Financial Liberalization in Spain »

Source: Spain : Converging with the European Community

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

Gonzalo Pastor In keeping with international trends toward financial liberalization, the Spanish financial system has moved away from tight regulation and protection. This pro...

IV External Constraints on Monetary Management

IV External Constraints on Monetary Management »

Source: Spain : Converging with the European Community

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

The experience of the 1970s and 1980s has demonstrated that the theory according to which free floating exchange rates would allow governments to orient their instruments of monetary policy toward domestic e...

V Personal Income Tax Reform

V Personal Income Tax Reform »

Source: Spain : Converging with the European Community

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

On June 7, 1991, the Spanish Parliament approved a reform of the personal income tax with effect from January 1, 1992. The guidelines of the reform are similar to those implemented in other industrial countr...

VI Fiscal Decentralization in Spain

VI Fiscal Decentralization in Spain »

Source: Spain : Converging with the European Community

Series: Occasional Papers

Author(s): Gonzalo Pastor , Thierry Pujol , and Michel Galy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1993

ISBN: 9781557753199

Keywords: regional governments, inflation, banking, central bank, taxation

Fiscal decentralization is rather a new phenomenon in Spain. In contrast to recent developments in other countries of the Organization of Economic Cooperation and Development (OECD) where governments have em...

Regional Economic Disparities in Australia

Regional Economic Disparities in Australia »

Source: Regional Economic Disparities in Australia

Volume/Issue: 2004/144

Series: IMF Working Papers

Author(s): Uma Ramakrishnan , and Martin Cerisola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451856477

Keywords: Regional disparities, government transfers, unemployment, unemployment rate, unemployment rates, employment, bargaining, State and Local Government, Intergovernmental Relations, Labor-Management Relations

Australia's remarkable economic performance during the 1990s has not resulted in a significant convergence of real per capita income, output, and employment levels across the country's states and territories. This...

Rethinking Subnational Taxes

Rethinking Subnational Taxes »

Source: Rethinking Subnational Taxes : A New Look At Tax Assignment

Volume/Issue: 1999/165

Series: IMF Working Papers

Author(s): Richard Bird

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

ISBN: 9781451858037

Keywords: Tax assignment, Subnational taxes, Local business taxes, Regional governments, taxation, sales tax, sales taxes, tax administration

The assignment of revenues in most developing and transitional countries to the central government has arguably facilitated irresponsible behavior by some subnational governments. One way to relieve this problem is...

Regional Convergence and the Role of Federal Transfers in Canada

Regional Convergence and the Role of Federal Transfers in Canada »

Source: Regional Convergence and the Role of Federal Transfers in Canada

Volume/Issue: 2003/97

Series: IMF Working Papers

Author(s): Phillip Swagel , Steven Dunaway , and Martin Kaufman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451852042

Keywords: regional convergence, federal transfers, ei, employment, unemployment, employment insurance, unemployment rate, Size and Spatial Distributions of Regional Economic Activity, National Government Expenditures and Related Policies: Other,

Differences in per capita output across Canadian provinces have narrowed less than disparities in per capita income in past decades. Using a panel regression framework, this paper studies the differential impact of...