Alternatives to Fiscal Austerity in Spain

Publication Date: July 2010

Publisher: Center for Economic and Policy Research

Author(s): Juan Antonio Montecino

Research Area: Economics

Keywords: Spain ; Recession; Economic Policy; Procyclical

Type: Report

Coverage: Europe


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.