| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7909 |
| DP7909 The Spanish Crisis: Background and Policy Challenges | |
| Javier Suarez | |
| 发表日期 | 2010-07-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper reviews the background and key policy challenges of the current situation of the Spanish economy. It describes the strengths and weaknesses of Spain?s recent long growth cycle, the real and financial imbalances accumulated towards its end, and the troubles faced at the current stage. Particular attention is paid to the developments in private and public sector finances and, specifically, to their implications for the banking sector. Attention is also paid to the political-economy background, especially in regards to the undertaking of structural reforms. It is argued that recent external pressure, partly initiated by unjustified catastrophic expectations about Spain, provides an opportunity for accelerating the reforms needed to resume strong growth. |
| 主题 | Financial Economics |
| 关键词 | Economic crisis Spain Spanish banks Structural reforms |
| URL | https://cepr.org/publications/dp7909 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536746 |
| 推荐引用方式 GB/T 7714 | Javier Suarez. DP7909 The Spanish Crisis: Background and Policy Challenges. 2010. |
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