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How much room for expansionary economic policies in the EMU?
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How much room for expansionary economic policies in the EMU?

The case of Spain

25 Seiten · 4,42 EUR
(11. Januar 2008)

 
Ich bin mit den AGB, insbesondere Punkt 10 (ausschließlich private Nutzung, keine Weitergabe an Dritte), einverstanden und erkenne an, dass meine Bestellung nicht widerrufen werden kann.
 
 

Introduction:

The chapter is structured as follows. First, we will show the main features of the model of economic growth and economic policy registered in Spain since the beginning of democracy in 1977 until the mid-nineties.

This is a relevant element to understand the different roots of the current economic expansion. As we will see below, during the decade of the eighties and the first half of the nineties, the Spanish economic authorities implemented an orthodox strategy of economic policy, the main pillars of which were a tight monetary policy and a systematic policy to make the labour market more flexible. Second, we will focus on the bases of the economic situation and economic policy since Spain’s membership in the EMU, paying special attention to the role played by incomes policy and labour market reforms and by macroeconomic (monetary and fiscal) policies.


zitierfähiger Aufsatz aus ...
European Integration in Crisis
Eckhard Hein, Jan Priewe, Achim Truger (eds.):
European Integration in Crisis
the authors
Carmen Gomez

Lecturer at the University of the Basque Country, Bilbao, Spain.

[weitere Titel]
Jesus Ferreiro
Jesus Ferreiro

Associate Professor for Applied Economics at the University of the Basque Country, Bilbao, Spain.

[weitere Titel]
Felipe Serrano
Felipe Serrano

Professor of Economics at the Department of Applied Economics V, University of the Basque Country, Bilbao, Spain.

[weitere Titel]