Spain : Staff Report for the 2004 Article IV Consultation

1ESPEA2005001 Image
Price:  $15.00

Release Date: © February, 2005
ISBN : 978-1-45181-211-4
Stock #: 1ESPEA2005001
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
ePubYes
MobipocketYes

Description

This 2004 Article IV Consultation highlights that with growth proceeding at a steady pace of 2.6 percent during 2004, the Spanish economy has weathered the slowdown in the European Union relatively well. The external current account is estimated to have widened to some 4¼ percent of GDP in the first half of 2004. A gradual, but sustained recovery is expected, with GDP growth projected at 2.7 percent in 2005—again based on the strength of domestic demand, with a continued negative contribution of net exports.

Taxonomy

Business cycles , Economic development , Economic policy , Fiscal policy




More publications in this series: IMF Staff Country Reports