TY - BOOK ID - 84548503 TI - Spain : Staff Report for the 2003 Article IV Consultation. AU - International Monetary Fund. AU - International Monetary Fund PY - 2004 SN - 1462312101 1452749604 1280977817 1452768021 9786613749420 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and Banking KW - Inflation KW - Labor KW - Public Finance KW - Taxation KW - Real Estate KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - Debt KW - Debt Management KW - Sovereign Debt KW - Price Level KW - Deflation KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Employment KW - Unemployment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Housing Supply and Markets KW - Macroeconomics KW - Labour KW - income economics KW - Public finance & taxation KW - Welfare & benefit systems KW - Banking KW - Property & real estate KW - Social security contributions KW - Public debt KW - Taxes KW - Prices KW - Housing prices KW - Social security KW - Debts, Public KW - Banks and banking KW - Economic theory KW - Housing KW - Spain KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:84548503 AB - Although not escaping the global slowdown, the Spanish economy has weathered it relatively well. The discussions focused on minimizing short-term risks and on identifying the structural reform priorities for the next government. However, household indebtedness has continued to rise rapidly, recently surpassing the EU average; the authorities viewed the related risks to growth as contained. The discussions also centered on issues of fiscal policy implementation. Although unemployment has been halved since the mid-1990s, it remains high and a number of rigidities persist. ER -