Alternatives to Fiscal Austerity in Spain
Publication Date: July 2010
Publisher(s): Center for Economic and Policy Research
Author(s): Juan Antonio Montecino
Keywords: Spain ; Recession; Economic Policy; Procyclical
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.