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Alternatives to Fiscal Austerity in Spain

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Publication Date: July 2010

Publisher(s): Center for Economic and Policy Research

Author(s): Juan Antonio Montecino

Series:

Special Collection:

Topic: Economics (Economic policy, planning, and development)

Keywords: Spain ; Recession; Economic Policy; Procyclical

Type: Report

Coverage: Europe

Abstract:

This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative policies.