OECD Economic Surveys. Spain

OECD Economic Surveys Spain Spain.

The Spanish economy entered a deep recession in 2020 due to the COVID-19 pandemic. A strong government response has protected jobs and firms. However, the crisis has exacerbated long-standing structural challenges, such as high unemployment, inequalities and regional disparities.

Detalles Bibliográficos
Autor principal: OECD (-)
Autor Corporativo: OECD, author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 2021.
Colección:OECD Economic Surveys: Spain
Materias:
Economic history.
Economic policy.
Economic surveys.
Economic Policy
Political Science
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009703253406719
Tabla de Contenidos:
  • Intro
  • Executive Summary
  • The pandemic caused an unprecedented economic recession
  • A durable recovery requires boosting employment, while containing medium-term fiscal challenges
  • Boosting digital diffusion will raise productivity growth and help firms' recovery from the crisis
  • 1 Key Policy Insights
  • The pandemic has accentuated some persistent structural challenges
  • Mitigating the social and economic impact of the pandemic remains a priority
  • Spain has been hit hard by the pandemic
  • The economic recovery is fraught with high risks
  • The crisis has increased financial stability risks
  • Policy support should continue, but adapt to the evolution of the pandemic
  • Containing medium-term fiscal challenges and supporting employment for a sustainable recovery
  • Addressing medium-term fiscal vulnerabilities
  • Increasing the effectiveness of the tax system
  • Improving public spending efficiency
  • Addressing pressures from population ageing
  • Boosting employment and job quality
  • Active labour market policies
  • Collective bargaining and wage adaptability
  • Non-standard employment
  • Minimum wages
  • Female employment
  • Making growth more inclusive and greener
  • Lowering inequalities
  • Minimum income guarantee
  • Rent affordability
  • Health
  • Reform of the teaching profession for higher basic skills
  • Making further progress in the fight against corruption
  • Making growth greener
  • References
  • Annex A. Progress on structural reforms
  • Annex B. Spanish Recovery, Transformation and Resilience Plan
  • 2 Enhancing digital diffusion for higher productivity in Spain
  • Digitalisation offers new opportunities and challenges
  • Spanish firms still have significant scope to adopt and use digital technologies
  • Insufficient intangible capital and low skills impede taking full advantage of digitalisation.
  • Policy reforms can boost productivity through digital diffusion
  • Ensuring communication infrastructure for all
  • The Spanish telecommunication sector performs well
  • The digital divide between urban and rural areas should be reduced
  • Digital public services are an integral part of the digital transformation
  • Cybersecurity underpins the digital transformation of the society
  • Enhancing capabilities to make full use of digital technologies
  • Intangible capital and innovation to foster digitalisation
  • R&amp
  • D tax incentives
  • R&amp
  • D grants and loans
  • Partnerships between public research and business
  • Adapting skills of workers to digitalisation and changing nature of work
  • ICT in formal education
  • Primary and secondary education
  • Universities
  • Vocational education and training
  • Lifelong learning and ICT
  • Sharpening incentives to take advantage of digital technologies
  • Market regulation should be revamped further to generate competitive pressures
  • Insolvency regimes could be reformed further to encourage risk taking activities
  • Access to capital is key to diffusion of technologies
  • Equity Financing
  • Venture Capital
  • References.

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