Details

Autor(en) / Beteiligte

• OECD
• OECD,

Titel

OECD Economic Surveys. Spain

Ort / Verlag

Paris : OECD Publishing,

Erscheinungsjahr

2021

Beschreibungen/Notizen

• 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.
• 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.
• Description based on publisher supplied metadata and other sources.