Cover IMF Staff Country Reports
Spain: Selected Issues
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 057
Language:
English
Publication Date:
17 Feb 2005
DOI:
https://doi.org/10.5089/9781451934878.002
ISBN:
9781451934878
ISSN:
1934-7685
Pages:
77
Keywords:
ISCR; CR; government; personal income; national government; capital stock; retirement age; substitution effect; labor supply; business cycle; consumption tax; Pension spending; Pensions; Aging; Labor supply; Europe
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This Selected Issues paper contains two studies examining key issues for fiscal management and long-term fiscal sustainability in Spain. The first study discusses how best to ensure fiscal discipline at lower levels of government by examining the institutional setting and mechanisms that make this task particularly challenging in Spain’s highly devolved political and fiscal system. The second study seeks to analyze the potential macroeconomic impact of different approaches to deal with the fiscal costs of aging in Spain.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund